As a trader or investor we must not bother much about the events , though we believe that it has greater  impact on the equity market .We believe that price discounts everything except the act of god , so one must continue to hold quality stocks and may not care about any events in the market . In our last report we mentioned  that we believe that the Bank , Oil and Energy sectors may get support and Pharma and Auto may correct , and we

Time to select portfolio Betts Nifty is not moving anywhere it is in the narrow range of 5700-6300. Every time it reaches 6300 it gets supply pressure and 5700-5900 has become demand zone.Nothing but a straddle scenario , it means a majority is not aware of nifty trend and feels it may consolidate, and yes it is good as long it takes time to consolidate .Why so,? Because as long as it consolidates we may see the powerful break out or break down