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Friday, May 09, 2008

MARKET PREDICTION

OIL IS MOVING TOWARDS NEW HIGH AND SOME OF OUR ANALYST MR VISHNU ESTIMATING IT TO TOUCH $130 LEVEL WITHIN A MONTH...WHICH COULD TURNS THE THINGS IN WORST.

OVER THE LAST FEW DAYS WE HAVE SEEN DRASTIC DECREASE IN VOLUME, WHICH CLEARLY SHOWS THAT INVESTORS ARE WAITING FOR RIGHT TIME.

BUT BESIDE ALL THESE THINGS WE HAVE SEEN SOME ADDITION IN OI WHICH CLEARLY SPECIFY THAT INVESTORS BECOME CHOOSY.

MARKET VIEW
SUPPORT: 5000
SL : 4970 FOR ALL INTRADAY LONG POSITION
WEEKLY TRGT: 5200/5210.

STOCKS
  • TATA STEEL, GTOFFSHORE, ARVINDMILL.
  • APIL(WITHSL 590)

HAVE A NICE TRADING DAY...

-MR SAM

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