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Friday, April 04, 2008

MARKET PREDICTION

GLOBAL MARKETS ARE MIXED.
INDIA WILL FOLLOW THE SAME STEP.
OI IS CREEPING UP A BIT TO 52K CR & PUT CALL RATIO IS ALSOMST SAME 1.26%.
LEVEL TO BE WATCH OUT 4730 IS MAIN SUPPORT LEVEL 4750-4800-4850.
BELOW 4730 WE CAN ASSUME SHORT WITH A TARGET OF 4620.
SECTORS TO BE WATCH OUT ENERGY AND FMCG.
NTPC AND POWERGRID IN ENERGY
ITC & HUL TO BE WATCHED OUT.
IN CASE MARKET BREEZE 4730 GO SHORT METAL AND BANKING SPACE.
FII ARE NET SELLER IN NEW FINANCIAL YEAR YET.

HAVE A NICE TRADING DAY......

-MR.SAM

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