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Monday, June 30, 2008

MARKET PREDICTION

GOBAL MARKET ARE WEAK..
CRUDE SURGE BY SPECULATION TO $142/BBL.
$ VS INR HOVERING AROUND AT 42.75.
AFTER STARTING OF NEW CLEARING WE GOT HEAVY SELLING PRESSURE ACROSS THE BOARD........MATKET IS SHOWING CONTINUOUS WEAKNESS.
TOTAL O I IS 58 K CR AFTER STARTING NEW SERIES ..
PUT CALL RATIO IS AT PLEASUREBLE LEVEL OF 1.07%.
LEVEL OF NIFTY IS 4040-4120-4180-4250 GO LONG FROM 4040 LEVEL WITH SL OF 4000 AND GO SHORT FROM 4180OR 4250 LEVEL IF MARKET FAIL TO HOLD THOSE LEVEL GO SHORT.
TODAY AMERICAN GDP DATA WILL COME .
MARKET WILL BE REMAIN VOLATILE MAILTAIN STRICT S L.

HAVE A NICE TRADING DAY...

-MR SAM

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