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Monday, March 24, 2008

MARKET OUTLOOK

AFTER A LONG HOLIDAY MARKET LIKELY TO OPEN POSITIVE NOTE,IT WOULD MAINTAIN RANGE OF 4600-4700-4750-4800.EXPIRY IS APPROCHING FAST FOR MARCH SERISE THATS WHY SHORT COVERING COULD SEE IN THE MARKET.FOR LONG SIDE BANKING AND FINANCIAL SERVICE DUE TO SHORT COVERING AND FOR SHORT AT HIGHER LEVEL METAL LOOKS WEAK.
IN BANKING SPACE ICICI BANK AND SBI LOOKS GOOD
RELCAPITAL CORRECTED ALOT FROM HIGHER LEVEL SO LONG CAN ASSUME.
FOR SHORT SIDE TATASTEEL,SAIL LOOKS WEAK
HAVE A NICE TRADING DAY.

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