Money Tree

Yesterday’s correction is expected to continue. You may go short in Real Estate and cement stocks which are expected to be knocked further. A stront support is placed at 3625 in the NIFTY and it would be very difficult for the markets to go down below that level. The markets are expected to be volatile and no fresh long positions should be created.

There may be a small bounce in the sugar sector and Computer education sector. The stocks like Balrampur Chini, Bajaj Hindustan, NIIT Tech, Aptech, Educomp solutions and Jain irrigation are expected to move up.