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Wednesday, July 02, 2008

MARKET PREDICTION

GLOBAL MARKETS ARE IN RED.
NIFTY CLOSED YESTERDAY IN HUGE DISCOUNT IT MEANS HEAVY SHORT BUILD UP.
TOTAL O I IS 59 K CR JULY SERISE 51 K CR AND 7 K CR IN AUG.
PUT CALL RATIO IS .99%,CRUDE TOUCH $142.29.
NIFTY LEVEL TO BE WATCH OUT 3775-3850-3920-3960-4000.
BUY FROM 3800 LEVEL WITH SL OF 3775 AND GO SHORT FROM 3960-3980 LEVEL WITH SL OF 4000

IN POSITIVE SIDE PHARMA AND IT LOOKS STRONG AND IN NEGATIVE SIDE BFSI, CONSTRUCTION AND REALTY ARE IN BAD SHAPE.

HAVE A NICE TRADING DAY........

-MR SAM

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