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Tuesday, April 22, 2008

MARKET PREDICTION

GLOBAL MARKETS ARE REACTING A BIT NEGATIVE DUE TO BOA QTLY RESULT AND HIGH CRUDE PRICE, WHICH TOUCHED $117.4.
NIFTY WILL OPEN FLAT TO NEGATIVE..........
LEVELS OF NIFTY 4900-4950-5020-5060
BUY FROM 5000 AND ABOVE

SECTORS TO BE WATCHED ARE:
TELECOM,CEMENT,METAL.

OTHERWISE BUY FROM LOWER SUPPORT 4920 WITH SL OF 4890.
TOTAL MARKET ROLLOVER IS 22%.
TOTAL OI IS 70 K CR AND NEXT MONTH OI IS 21K CR.PUT CALL RATIO IS 1.30
HAVE A NICE TRADING DAY....

-MR. SAM

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