WE ARE VERY MUCH POSITIVE ON CAPITAL GOODS SECTOR AS IT CURRENTLY TRADES ABOVE 13,840, WHICH IS 50 POINTS UP FROM THE SMALL SUPPORT OF 13,790.
AND AS FAR AS THE SECTOR STOCKS ARE CONCERN OUR BEST BET IS ON L&T, SIEMENS,ABB & BEL, WE ARE EXPECTING MINIMUM UPSIDE RALLY IN NEAR TERM OF 6% THAT IS 14,670 FROM THE CURRENT LEVEL OF 13,840.
