Wednesday had a volatile trading session...

The Sensex had a volatile trading session on Wednesday.As discussed before it is a stock
specific market,their are many stocks which are a good buy on dips.MOIL IPO listed today
lost the faith of investors,giving a strong opening in the morning it continuosly slipped
down on charts and closed at 464 after making an intraday high of 590.The selling presure
continuosly hampered the indices to regain from the lower levels.
      NTPC as discussed yesterday,is now in a safer zone of buying(190-195) for a target
of 210 in 2-3 trading sesions.The European Markets(CAC and FTSE) both opened in red
zone and were not able to pull back to positive zone.NIFTY gave a closing below 5900 levels
which was a crucial level for the Indian Market.The sentimental behaviour of the investors
is not in a mood to change.The FII are not giving any signs of flow,which means that for
several trading sessions the Stock Market will trade in a range bound zone.

See dips for buying good stocks which are dorment and have not participated from a long time
in the rally.