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Thursday, May 22, 2008

MARKET PREDICTION

GLOBAL MARKETS ARE DOWN BECAUSE OF OIL PRICES SURGES TO $135..
WHICH WILL HAVE IMPACT ON INDIAN MARKET ALSO.
MARKET WILL BE RANGE BOUND FOR COMING FEW DAYS ON THE CONCERN OF GOVT. ACTION REGARDING INFLATION CONTROL.
THERE IS NO CONFIDENCE AMONGS THE INVESTORS AFTER THE JAN FALL, AND THINGS ARE CHANGING DRAMATICALLY DUE TO THE FLOW OF BAD NEWS ALL OVER THE WORLD.

TODAY'S VIEW
LONG POSITION CAN BE BUILT FROM 5010 WITH SL 4980

SECTOR
ENERGY, TELECOM AND PHARMA-------------FOR LONG
AUTO, CONSTRUCTION-------------------------FOR SHORT

HAVE A NICE DAY

-MR SAM

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