POST MARKET REPORT 24-12-09

NIFTY IN ADVANCE WISHED EVERYBODY A HAPPY & VIBRANT X'MAS WITH ITS CONSIDERABLE UP JOURNEY.CONTINUED ITS UPMOVE WITH BIT PAUSE. AS I CLEARLY MENTIONED WITH MY TRIVIA & THOSE WHO FIGURED OUT,MINTED MONEY FOR NEW YEAR CELEBRATION.THE PAST WEEK BROUGHT THE GOLDEN TIME FOR LONG TRADERS AS IT SURPASSED ALL THE HURDLES,REACHED TO THE TOP OF THE YEAR. I M STILL BULLISH FOR REST OF THE REMAINING DAYS OF THE MONTH & EYEING FOR ATLEAST 5280-90 MARK.DESIPTE THE WEAK ROLL-OVER,OUR MARKET HAS ENOUGH STRENGTH FOR ACHIEVING THE MENTIONED LEVEL. IN THIS FESTIVE X'MAS TIME,WE SHOULD EXPECT TO HAVE CONTINUE GREEN ZONE FOR NEXT THREE TO FOUR MONTHS & HOPE THAT IT SHOULD ATLEAST TOUCH THE 20000+ MARK(SENSEX WISE). THERE R MANY REASONS FOR ACHIEVING THIS MARK COZ INDIA RECOVERED NICELY FROM RECESSION,RISE IN TAX COLLECTION,GOOD GDP(AROUND 8%),GOOD CORPORATE RESULTS & SPEEDY DISINVESTMENT THOUGHT,ALL TOGETHER MADE A VIABLE SCENARIO FOR MARKET.LETS HOPE AT THIS POINT OF TIME THAT OUR MARKET REACH TO NEW HIGHS BY OVERCOMING ALL THE ADVERSITIES,GIVE SMILE & CONFIDENCE BACK TO INVESTORS.MERRY X'MAS ONCE AGAIN TO ALL.