Thursday, December 08, 2005

Sideway Mode

The market seems to be caught in a sideways mode. But the bias continues to be on the bullish side. Today the markets dropped almost 70 points from the top but crawled back into positive territory towards the close.

Some stock made very dramatic moves. Titan moved up by almost 11 % ! , Also smaller pharma counters move up sharply.

Coming back to options, some of the stock are looking ready for a nice move. Now we have to find some profitable opportunity for tomorrow. The auto sector might throw some opportunity.

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