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Tuesday, May 13, 2008

MARKET PREDICTION

GLOBAL MARKETS ARE IN POSITIVE MODE DUE TO EASING OF OIL PRICE..
YESTERDAY MARKET SLIPPED DUE TO POOR IIP DATA..

LEVEL OF NIFTY 5000-5030-5100-5150 GO LONG FROM 5030 WITL SL OF 5000
IN IT AND TEXTILE.

GO SHORT IF NIFTY DOES NOT HOLD 5100 LEVEL WITH SL OF 5130 IN CONSTRUCTION AND BANKING SECTOR.
TOTAL MARKET OI IS 71 K CR AND PUT CALL RATIO SHOOT UP TO 1.46.

HAVE A NICE TRADING DAY

-MR SAM

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