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Tuesday, June 17, 2008

MARKET PREDICTION

WORLD MARKETS ARE BIT NEGATIVE AS OIL TOUCHED ALL TIME HIGH AND THEN REBOUND BACK $133(APROX) AFTER SAUDIARABIA COMMIT TO BOOST THE SUPPLY,$vsINR HOVERING AROUND 42.95,GOOD FOR IT AND PHARMA STOCK.
NIFTY LEVEL TO BE WATCH OUT TODAY IS 4530-4580-4630 IF SUSTAIN ABOVE 4530 GO LONG WITH SL OF 4500 AND IF MARKET DOES NOT HOLD 4580 GO SHORT WITH SL OF 4600.

IT SECTOR
WIPRO,SASKEN,NIITTECH, GSSAMERICA
PHARMA
DRREDDY, CADILA, SUNPHARMA
MINING

PLAY WITH STRICT SL.
TOTAL O I IS 81 K CR JUNE SERISE IS 72 K CR AND JULY IS 21 K CR.
PUT CALL RATIO IS 1.60 MAINTAINING ALMOST SAME LEVEL.

HAVE A NICE TRADING DAY

-MR SAM

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