3900 or 4500 for this series?

Friends,
Once again I want to know whether we will close this series at 4500 or 3900? DMK is creating some problem to congress and that can push the market towards 3900 but on the other hand if global markets given us proper support then we can easily see 4500 by this series.
What is your opinion, once again my vote is for the lower side 3900 .

regards
Abhi

Hi pal,

Im not for both. Mostly it will expire between 4100-4500.

DMK now in a delicate situation. Congress can try to form the GOVT without DMK support. Same time DMK cant withdraw support at this moment as their weakness will reveal.

So tug of war.... and expiry between these two points. Lets see

Congress can form the GOVT without DMK support. but if Congress withdraws support in tamilnadu DMK government will be toppled.

Thats exactly is the delicate situation.

Cong can toppple DMK in TN, Cong can kick out DMK from Delhi.
They have an upper hand - Then where is the delicate situation?

If DMK does something which is against Congress... they are finished. This is like sucide. Thats what I meant as delicate situation for DMK. They cant say NO and they are not able to say YES also.

Am I right? I am a kid in politics pal...

Yes a delicate situation BUT FOR DMK which in no way
affects the Cong or the market

I was thinking of a delicate situation for Cong - he he - and therefore the market -- so my ears pricked up and made me write the above post to you



4200-4400 looks most likely but just maybe a tad higher wud be my guess - say 4500

They are not able to say YES? why?what they are going to loose if they get less number of portfolios? Kalaignar wants his son and daughter to be in the ministry and that too at par with senior ministers of dmk.so he asks for more portfolios.but beggers have not choices.(I AM A STRONG SUPPORTER OF DMK)

Right... 4400+ seems remote for this month expiry. But lets see. Crazy markets...

If Spot Nifty is going close above 4430... then this expiry will squeeze the BEARS out of markets for next couple of months I blve.

Haha... I am Neutral though. I think DMK asked for 8 (3+5) and Congress is offering 5 (2+3). DMK cant say NO to Azhagiri, Kanimozhi, Dayanidhi, Balu. How they will distribute 2 between this 4? All the 4 are 4 eyes for CM. Thats why they are not able to accept... If they accept they may have internal problem within their party I guess. Hope I am not wrong.