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Friday, May 23, 2008

MARKET PREDICTION

NO BIG NEWS IS MOVING AROUND THE WORLD ..
TODAY'S INDIAN MARKET WILL TOTALLY DEPENDS ON INFLATION DATA AND GOVERNMENT ACTION PLAN ON THAT.
TOTAL MARKET O I IS 81 K CR (IN MAY SERIES 61 K CR AND 19 K CR N JUNE SERIES) PUT CALL RATIO IS 1.37.DOLLAR VS RUPEE IS 42.85.
CRUDE OIL IS $131.4/BRL.
LEVEL OF NIFTY IS 4950-5000-5060-5100.
IF MARKET HOLD 5000 GO LONG IN TECH AND PHARMA WITH SL OF 4980..IF DOES NOT SUSTAIN ABOVE 5000 GO SHORT IN CONSTRUCTION WITH S L OF 5030.

--HAVE A NICE TRADING DAY

-MR SAM

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