Mission 15000!!!!!!!!!!!!!!!!!

Hiiiiiiiiiiiiiii

15,000 is about 300 points from here, which is about 2% for the market. In terms of that, it's not really a significant additional gain required, although, it’s a big psychological number. Over the past two years, we have seen that once market is in new highs, we should not really keep targets, because market has a tendency of going higher than you think on the upside and lower than you think on the downside.
If the market continues to hold its new highs, like today and the market breadth continues to remain positive and some of the frontline stocks continue to make new highs, then it could be 15,000 or higher soon.

May be this week

So what we have now is increasing number of sectors that are posting gains on a regular basis in the market. The other good thing is that during the last two to three weeks, when so many market players were negative on the market, the market breadth was mostly positive and the midcap and the smaller companies continue to post gains. So in terms of breadth, the markets continue to remain healthy and never deteriorate. I would think the market continues to be in reasonable good shape and one should hope for further gains.

Big boy:-
Reliance
Reliance is in a narrow range for the last few days and is a share that doesn’t remain quiet for too long. If that stock also starts making new highs, then that would add to the strength of the market. In case, that breaks down, then it might change a bit. But largely, Reliance has done well and there is no reason to believe that will change.

One shouldn’t really have a target when market is at a new high, it is important to note whether market continues to remain in an uptrend or not and new highs means there are no target in that sense.

BE STOCK SPECIFIC.....