After a week or two of irregularity on postings should be able to post daily this week.
Sensex Technical View:
After the strong upmove from the lows of 15960 Sensex reached a high of 17919 which is almost a clean rally of 1900-2000 points.
People with bearish bias would call this corrective while on the other side Bullish would call this a Bear Trap.
For now a pullback to 17300-17500 or lower could be possible as index needs to gain strength before taking a short at new highs in July (time analysis scenario http://www.nooreshtech.co.in/2010/06/sensex-to-cross-18k-in-july-time-analysis-possibility.html)
So for now on the index its a wait and watch zone and focus on specific stocks.
TATA TEA - Long term defensive pick.
The stock has finally broken out after 5 years of consolidation.
Investors looking for steady and slow returns should buy on dips closer to 1100 or buy from current levels and SIP for next few months.