Friends, buy on declines would be the prudent strategy as possibility of profit booking at higher levels cannot be ruled out which would offer incremental buying opportunity to ride next leg of up move….

Dear Trader… On Friday, the stock market indices staged a smart recovery as the rally was led by private sector Healthcare, Utilities, AUTO and Power stocks. The Sensex closed 28 points higher at 48,832, still short of its psychological 50,000 levels. This is commendable since the index had touched a