Festive week bodes well for expiry as markets open dull in trade and spectrum buys or the prospect of refarming existing spectrum do not put undue presure on the surviving retail lifestyle stories of Idea , Airtel or London listed Vodafone

Infact indices have come up well since markets opened in the red pre expiry and the vacillation could be a unique opportunities for all investors Left Behind in the July Auhgust scrimmage to load up on indian festival savouries and mcFries from traders' favorites JP Associates, HDIL and new bulls in ITC (FMCG story) to more "Bombay Club" M&M and Baja Auto in their new Asian/Oriental winning Forms 

TCS results were uniquely dismissive of margin and volume issues for the coming success stories of Hexaware and Geometric and the ongoing wins in EPrsistent as they pander to demand for firmware. MindTree and HCL were the only losers in the infy  Cognizant wars or as HCLT would like you to believe they actually grew profitss despite the currency wars they lost for 19 crs at MindTree and 65 Crs at HCLT

That also brings back as we said last week, winners from Cement and Textiles supporting the north pointing directional pillars for the next few days fo the rally and 6000 a clear target for December

However, watching the F&O series for volumes and not the directionality of the bets ofr the propensity to risk in OTM puts or Calls for bullish bets is critical to that 30-50 points a day nifty move till 6000 comes. Lack of clear Volumes in F&O despite new exchanges and a clear bull in the Rupee keep both Equity and currency segments under pressure as funding calls become directional shorts on the market. 

Posted via email from The India Investment Post