Dear members,

Market has found strong support at bottom level and able find pull back with positive news. Global trend also turning mode, looking all market can reach high levels. Our market is buzzing due to positive news a change  in this will affect market heavily.

Time being we are in positive side as the news looks unchanged, last time we had published that 21000 level is expected in next year, If these positive news happend it will not be a surprise if market touched 21000 present year itself.

A change in positive news will negate this view and target 21000 level remain as in previous view, ie next year.

For small stock holders (penny stock)

Even if market touched 21000 do not expect reaching high levels in January peak, only selective shares will be able to reach high level, even though small up trend is possible in these stocks.

January peak level our view below given to clients

Global earnings will be down 6-month.

Usa will face earnings down which will affect selling in all market.

Sensex is expected find bottom or maximum 12500 level, even when very bad situation comes. This view were doubted last month when a negative news came, it is still existing but it is easing, hope to solve soon.

Happy Trading,          

Neeraj M S

Mathruppillil(H),

Thrissur (Dist),

Kerala.

E-mail: neerajms@...

Web Site: www.lakshmistockgroup.com

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