Stock Tip of the Day

Today's rally is the quintessential fool's rally. Many people would get the impression that this is probably the turnaround they were waiting for after the protracted bear phase in the market. But don't be hoodwinked by this semblance of turnaround. This pull back will probably last for couple of days more and then the inherent pessimism in the market will take over and will drag the market to further lows. We have maintained it all along that market will soon touch 4400 and that will be the time one should start investing, till then hold back your cash. As they say in this kind of market 'Cash is King', so wait for the opportune moment to unleash your king.