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Tuesday, May 06, 2008

MARKET PREDICTION

US MARKET WAS AFFECTED BY THE FAILURE OF MICROSOFT-YAHOO DEAL.
IN INDIAN MARKET WE HAVE SEEN THE INCREASE IN VOLUME.
NIFTY MAY FUTURE ADDED 2.5 LAKHS NEW SHARES.
MARKET WILL BE RANGE BOUND ...HIGHER LEVEL WILL BE 5250...AND LOWER LEVEL WILL BE 5150.
5165 IS THE LEVEL FROM WHICH ONE CAN GO FOR LONG.
SORT LEVEL IS 5250 WITH FINAL SL 5150.

SECTOR
MAINLY FOCUS ON MIDCAP
1. CONSTRUCTION
2. CAPITAL GOODS......SUZLON & BHEL
3. ENERGY...ABAN
4. AUTO...TATAMOTORS & M&M

HAVE A NICE TRADING DAY

-MR SAM

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