GLOBAL MARKET IS WEAK TODAY.GLOD IS IN ALL TIME HIGH.FED CUT DISCOUNT RATE BY 25 BPS TO EASE LIQUIDITY.INDIA WILL FOLLOW THW THE PHASE. LEVEL OF NIFTY IS 4450-4500-4600-4700,MAEKET SL WOULD BE FOR ALL LONG IS 4450,BELOW THIS MARKET WOULD BLEED.IF MARKET SUSTAIN ABOVE 4500 OIL& GAS AND PSU BANK CAN ASSUME LONG SIDE AND IF MARKET TOUCH 4700 LEVEL WE CAN ASSUME SHORT IN POWER AND CONSTRUCTION STOCK.
HAVE NICE TRADING DAY
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