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Monday, March 31, 2008

MARKET PREDICTION

TODAY'S MARKET IS LIKELY TO OPEN IN FLAT TO NEGATIVE NOTE BECAUSE GLOBAL MARKET IS WEAK.
LEVEL OF THE NIFTY 4850-4900-5050-5100.
AFTER POOR ROLLOVER ,FIRST DAY WAS FAIR.
WE CAN ASSUME BUY POSITION FROM LOWER SUPPORT IN METAL SPACE-TISCO AND SAIL LOOKS GOOD.
AFTER CREEPING UP INFLATION BANKING SHOWS SOME DOWNWARD TREND, WHICH WILL CONTINUE IN NEAR FUTURE.
IN A NUTSHELL NIFTY IS IN PREMIUM WE CAN ALSO GO LONG FROM LOWER SUPPORT WITH SL OF 4750.
HAVE A NICE TRADING DAY !!!!!

-MR. SAM

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