NIFTY EOD REPORT JULY 27

AFTER LONG WAITING RBI ANNOUNCEMENT HAS CAME BUT WITHIN EXPECTED LIMIT

RBI raises repo rate by 0.25%, reverse repo rate by 0.50%(REVERSE REPO HIKE OF .50% SOMETHING UNEXPECTED )

BUT FOR BANKING STOCKS IT IS ENOUGH FOR THEM TO MAKE JUMP FROM DAY LOW ALL THE FRONT LINE BANKING STOCKS ROSE FROM FLAT- NEGATIVE LEVEL TO DARK GREEN AFTER RATE HIKE SHOWING FEAR OF RATE HIKE IS OVER.

IS THAT SO.... EVERYTHING IS LOOKING GOOD

1. NIFTY STRONGLY CONSOLIDATED IN 5400 LEVEL OVER 2 WEEKS
2. RATE HIKE EXPECTED LIMIT
3. MONSOON IS NOT WORSE
4. LEADING CORPORATE GOOD RESULTS
5. GLOBAL MARKET VERY GOOD SUPPORT

WHEN EVERYTHING IS GOOD AND WHEN WE FEEL RIGHT TIME TO INVEST MR.SMART WILL TAKE HIS MONEY AND USE RETAIL INVESTORS AS PREY FOR SHORT SELLING. SO I AM CAUTIOUS NOT TO GET EXCITED ABOUT OVER ALL GOOD SENTIMENTS.....................

WATCH THE ABOVE PICTURE WHEN WE ARE OVER CONFIDENCE ABOUT THE MARKET IT ALWAYS DISASTER(LOWER FREEZE) SO ITS TIME TO BOOK SOME HEAVY PROFIT AND WAIT FOR CORRECTION