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Wednesday, April 16, 2008

MARKET PREDICTION

GLOBAL MARKETS ARE POSITIVE TODAY AFTER YESTERDAY BIG RALLY.
NIFTY TRADING INTO PREMIUM FROM DISCOUNT.
TOTAL MARKET OI 62 K CR (APROX) PUT CALL RATIO 1.28.
YESTERDAY MARKET HAD GIVEN BREAK OUT OF PSYCHOLOGICAL LEVEL OF 4820 WHICH IS NOW IMMEDIATE SUPPORT FOR THE MARKET.
LEVEL OF NIFTY 4800-4820-4900-4950-5000.
CLOSE ALL LONG AT 5000.
OIL&GAS LOOKS GOOD RPL,MRPL,SELAN,HINDOIL EXPLO.
HAVE A NICE TRADING DAY.

-MR. SAM

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