Second, speculators have not been able to join the market rally so far going by the marginal increase in outstanding positions, that too only in certain stocks. Now is the perfect opportunity to make money. Having come this far, it is unlikely that speculators will let the market go without reaching the 4,000 mark.

From now on, any rally in stock prices will bring in the peripheral traders once the Sensex crosses the last barrier at 3,900 points and thereafter the smaller traders and individuals will enter, taking the Sensex higher.

The important factor is the resistance at 3,900 points. Operators are bound to ensure that theSensex crosses and trades above that vital barrier (which is less than 70 points away and easy to sustain given the distance) which will bring in fresh money.

Such a rally could be worth an additional couple of hundred points. As a pointer, there was a last minute rally on Monday in pivotals such as Hindustan Lever. The only damper could be domestic financial institutions, but selling from them can only come in commodity stocks which are current favourites with the FIIs and will be absorbed.