Sensex at 15485 Resistance

Last 2 days bulls and bears are having their climax battle .....looks like bulls gaining more strength as sensex gained more than 100 points from its earlier close of 15318 to todays close of 15422.......but bulls are little tired now for short term hence tomorrow Sensex will face resistance in crossing 15485.........lots of profit booking expected. This is 2nd last hurdle for sensex to enter into uncontrolled territory...next being the all time high at 15800.

We may see correction near 15485 for some 100-200 points.........though for long term strength i would prefer it consolidate bit more between 15050 and 15485 before crossing it finally. Will it kiss the lower level?

But as the Li0ns have already arrived to help bulls and kick bears.......selective stocks will pull the sensex up at new highs much earlier then expected.

Watch Banking space carefully.........breaking out for some 10-50% gains on most of valued stocks.
Pharma has also bottomed out.........contra can take some positions in IT also with a risk involved.

Infrastructure and Power will lead the semi-final blow out rally now.......

Lot of investors are expecting a big fall in sensex in Sept.....and again going to 14k......more people will believe this less likely it will be but even if it will happen it will be a Great opportunity for us to buy in a very small time.....just grab. For Long term I stick to my earlier post for 18k.

Sensex saying....Aaaj Mai Upar....Aaj Mai aage......Jamana hai peeche......tell me oh khuda mai kya karuun......challu siddhi ke ullti challlu..........