I expect nifty to touch 5000+ by friday as the world markets are looing good and DOW jones rallied 100 points last night as well. The IT index also moved up yesterday and this could fuel the rally up further hitting 5000 in a day or within 48hrs time.
My favourites as you know remain the same, Reliance,REL,Relcapital,SBI,Tatasteel(looks good).
My thumb rule of being successful in this highly volatile market is,being with the Big BOYS!
which i mentioned already.I only trade in NSE50 stocks in intraday, i dont waste time in mid-caps.At the end of the day, its the profit which you take back home matters to me,ya i do make losses,but profits are more consistent in my style of trading.
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