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Thursday, April 17, 2008

MARKET PREDICTION

GLOBAL MARKETS ARE ON FIRE TODAY..........
NIFTY WILL FOLLOW THE SAME STEP INITIALLY...
LEVELS OF NIFTY 4820-4890-4950-5000
GO SHORT FROM HIGHER LEVEL IF NIFTY DOESNOT SUSTAIN ABOVE 5000 .
BUY FROM 4820 LEVEL IF MARKET DIPS WITH S L 4790.
PUT CALL RATIO IS 1.21.

SECTORS TO BE WATCH
ENERGY SPACE LOOKS STRONG AND SCRIPS TO BE LOOKED FORWARD ARE NTPC,POWERGRID,R POWER.
OIL& GAS EXPLORATION SPACE SHOWING STRENGTH AND SCRIPS TO BE TRACKED ARE CAIRN,RPL,MRPL,SELAN, HINDOILEXPLORATION.
IT STOCK ALSO PARTICIPATING IN THE RALLY AFTER INFY GOOD GUIDENCE.
IF MARKET DOES NOT SUSTAIN ABOVE 5000 GO SHORT IN BANK.
HAVE A NICE TRADING DAY....

-MR. SAM

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