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Monday, April 07, 2008

MARKET PREDICTION

GLOBAL MARKET DISCOUNTED THE FACTOR OF JOB CUT IN USA AND INFLATION ALL TIME HIGH IN INDIA.
LEVEL OF NIFTY IS 4620 IS CRUCIAL SUPPORT 4550-4620-4730-4800
BUY FORM LOWER SUPPORT AND GO SHORT FROM HIGH LEVEL, WITH SL OF 4850.
TOTAL MARKET OI IS 52K CR PUT CALL RATIO IS 1.12.
SINCE FROM THE BEGINNING OF THE FINANCIAL YEAR FII TUNRNED NET SELER OF 1751 CR AND DOMESTICS MF SOLD ABOUT 481 CR IN CASH MARKET.
NO SOLID BUYING IS FOUND,MARKET IS COUNTINUE TO BE WEAK.
WISH YOU A HAPPY UGADI TRADING.

-MR.SAM

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