Today's Market

GLOBAL CUES ARE MIXED ,PEOPLE ARE BIT NERVOUS IN WALL STREET.
FRESH SHORT POSITION BUILDING UP IN BANKING BECOZ OF SUBPRIME IMPACT.
MARKET BREATH IS NEGATIVE ,FEW OPEN INTEREST IS BUILDING UP IN FMCG AND AUTO SPACE.
IF MARKET STARTS MOVING UP COLGATE,HLL, ITC IN FMCG AND MARUTI,M&M WOULD BE IN POSITIVE SIDE.
NIFTY LEVEL 4800-4950-5000.SO IF MARKET DOES NOT HOLD AT HIGHER LEVEL COULD GO SHORT FROM 4950 WITH S L OF 5000.
IF MARKET DOES NOT HOLD 4800 IT COULD TEST 4600 LEVEL