Global markets to rise sharply
With Greece agreeing to all preconditions of EU agencies, they will soon receive the relief package which will increase the ratings of various bonds of EU nations.
We may see gains in the broader market.
For my trading, I will be doing quick sell on Educomp at current level of 684 and my target will be at around 676 with stoploss at 688.
For investiments, I am still monitoring Shree Renuka Sugars. The stock is again nearing its 52 weak low of 59 (a resistance, once broken will make the stock fall to levels of 56-57). At that point the stock will be most attractive based on its fundamentals.
With Greece agreeing to all preconditions of EU agencies, they will soon receive the relief package which will increase the ratings of various bonds of EU nations.
We may see gains in the broader market.
For my trading, I will be doing quick sell on Educomp at current level of 684 and my target will be at around 676 with stoploss at 688.
For investiments, I am still monitoring Shree Renuka Sugars. The stock is again nearing its 52 weak low of 59 (a resistance, once broken will make the stock fall to levels of 56-57). At that point the stock will be most attractive based on its fundamentals.
