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Friday, March 07, 2008

TODAY'S MARKET PREDICTION

GLOBAL CUES ARE EXTREMELY NEGATIVE.
INDIAN MARKET WILL OPEN IN GAP DOWN.
NIFTY LEVEL 4800-4950-5050.
TRADER CAN GO FOR SHORT FROM HIGHER LEVEL WITH SL OF 5100 AND GO LONG FROM LOW LEVEL OF 4800.
IN AN INTRADAY NO CARRY FORWARD POSITION IS ADVISABLE.
FOR LONG SIDE AUTO AND METAL COULD HELP AND FOR SHORT SIDE BANKING AND FINANCIAL SERVICE.
OIL PRICE IS THE MAIN CONCERN FOR THIS FALL WHICH TOUCH $105.47.
HAVE NICE TRADING DAY!!!

-BY MR.SAM

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