Took a week off towards my other passion, travelling. This time it was Sikkim. Loved the ppl & the place.

Anywaz, Nifty crossed 4500 mark yet again. Thereafter it zoomed for a while which was an easy go considering the reduced OI(Open Interest) calls in 4500 'calls' by almost 50%

Stocks to watch out for in coming week are :
JP Associate, MindTree, Chambal Fertilizers, Sintex.

Besides the obvious packs of Reliance which has to spearhead the 'sails' if Sensex has to soar.

Since the % of stocks above the varios DMA has improved i suggest in a broader perspective we are in for a rise. But the panic of flu(not the flu itself but the 'panic') & sparse rainfall could play spoil sport.

Baltic Dry Index continues to fall upto as much as 40% at the timing of writing so thats something to bother aswell.

Intraday calls in the post to follow this piece.