monday - 12-05-08 - 8.40 am
MARKET VIEW
US MARKET CLOSED WITH DOWN SIDE, AND ALL ASIAN MARKETS ARE DOING IN FLAT SITUATION OR IN MILD DOWN SIDE, HERE EXPECT FLAT OPEN OR MILD DOWN SIDE OPEN, AS WE DISCUSSED ON FRIDAY, MARKET GOT DOWN DUE TO INFLATION NO’S HIKE, AND ALL GLOBAL MARKETS ARE TRADING IN SIDE WAYS, IF THERE IS ANY RELIEF RALLY, BOOK UR LONGS, NO ADVICE FOR FRESH LONGS
SENSEX VIEW
TECHNICALLY SENSEX HAS SOME SUPPORT AROUND 16570 TO 64 RANGE, IF SUSTAINS BELOW THEN NEXT DOWN SIDE TARGET WILL BE AROUND 16450, RANGE MAJOR CHANCE TO 16397
SENSEX SUP & RES
ABOVE 16800 TAR 16872, 16950 TO 980, 17010, 17070, 17150, 17212
BELOW 16678 TO 668 TAR 16590, 16564, 16450, 16413 TO 16397
NIFTY VIEW
TECHNICALLY NIFTY HAS SOME SUPPORT AROUND 4950 RANGE, IF SUSTAINS BELOW THEN NEXT DOWN SIDE POSSIBLE UP TO 4870
NIFTY SUP & RES
ABOVE 5020 TAR, 5056, 5070, 5090, 5110 TO 5160,
BELOW 4965, TAR 4950, 4889, 4870
NOTE:
DON’T TAKE ANY SUP&RES IN OPENING PRESSURE, USE IT AFTER 10.15 AM OR 10.3 AM
US MARKET CLOSED WITH DOWN SIDE, AND ALL ASIAN MARKETS ARE DOING IN FLAT SITUATION OR IN MILD DOWN SIDE, HERE EXPECT FLAT OPEN OR MILD DOWN SIDE OPEN, AS WE DISCUSSED ON FRIDAY, MARKET GOT DOWN SIDE DUE TO INFLATION NO’S HIKE, AND ALL GLOBAL MARKETS ARE TRADING IN SIDE WAYS, IF THERE IS ANY RELIEF RALLY, BOOK UR LONGS, I DON'T ADVICE FOR FRESH LONGS FOR DELIVERY, AND IF THE RELIEF IS STRONG THEN NIFTY WILL TOUCH NEAR 5315 RANGE AND 18300 IN SENSEX, SO TODAY BUY AT LOW AND BOOK QUICK PROFIT, THOSE WHO ARE DOING SHORT SELLING, MUST BE MAINTAIN THE S/L
BEST OF THE DAY
AURBINDO PHARMA, MUNDRA PORT, SCI, LOOKS GOOD, SO BUY AT LOW, AND BOOK UR PROFIT FAST
IF U WANT FREE DAY TRADING CALLS FOR CASH AND F&O, FOR TRIALING PURPOSE FOR 1 WEEK, U CAN GIVE YOUR MOBILE NUMBER TO ADD YOUR NAME IN OUR S/W, THOSE WHO GAVE THEIR NUMBER FORGET THIS.PLS CALL 9944435803, 9944435801, 9952324551, AND REGISTER YOUR MOBILE NO,
