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Tuesday, March 18, 2008

MARKET OUTLOOK

GLOBAL MARKET IS MIXED. YESTERDAY ACCROSS THE BOARD WE SAW HEAVY SELLING,FII TURNED NET SELLER THROUGH OUT THE MONTH,SHORT POSITION IS BUILDING UP IN EVERY SECTOR.LEVEL TO BE WATCH OUT FOR NIFTY IS 4450-4500-4550-4600.IF NIFTY TOUCH 4600 AND ABOVE THEN CAN ASSUME LONG POSITION OTHER WISE FROM 4500 LEVEL LONG CAN ASSUME WITH A FINAL S L OF 4450 FOR ALL LONG.SECTOR COULD BE WATCH OUT FOR THE DAY INFRA&OIL GAS FOR LONG AND METAL FOR SHORT.
HAVE A NICE TRADING DAY

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