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Thursday, March 27, 2008

MARKET OUT LOOK

GLOBAL MARKET IS BEAT WEAK,WE EXPECT FLAT TO DOWN OPENING OF NIFTY ,LEVEL FOR THE DAY 4700-4750-4800-4910.WE CAN EXPECT LONG FROM 4700-4750 LEVEL WITH A SL OF 4680,BANKING AND METAL EXPECTING MORE SHORT COVERING,TISCO AND SAIL INFOSYS,SBIN ,ICICIBANK,HDFC BANK MAY EXPECT MORE SHORT COVERING.TOTAL OPEN INT IS 68000 CR APROX,IN MARCH 38000 CR AND 30000 CR IN APRIL SERIES.PUT CALL RATIO IS .92.CEMENT LOOKS MORE GOOD ROLL OVER.TOTAL 44%(APROX) ROLL OVER HAVE SEEN.
HAVE NICE CLEARING DAY

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