Friday

FRIDAY – 06-06-08 – 8.50 AM

MARKET VIEW

US MARKET CLOSED WITH UP SIDE, ASIAN MARKETS ARE IN MIXED SITUATION WITH POSITIVE MOOD, HERE EXPECT GAP UP OPEN, TODAY WEEK END, INFLATION NO’S COMES OUT AT 12 NOON, AFTER 12.3 TO 1 O CLOCK, I EXPECT SOME SELLING PRESSURE IN MARKET AROUND 16200, 4770 RANGE, SO IF THERE IS ANY GAP UP OPEN DON’T URGE TO BUY AND WAIT FOR SOME LOW, AND BOOK UR PROFIT FAST, THIS RALLY WILL LEAD THE MARKET UP TO 16400 TO 16700 IN SENSEX AND 4800 TO 4950 IN NIFTY, AGAIN I EXPECT SOME CORRECTION, BECAUSE SO MANY BAD NEWS ARE WAITING FOR US, SO AVOID DELIVERY BUYING, BUY FOR DAY TRADE, AND DON’T TAKE ANY THINK TO HOME DUE TO DAY TRADE LOSS, BOOK IT ON THE SAME DAY, TODAY MAXIMUM ALL SCRIPTS WILL MOVE FAST AND LATER SOME SELLING PRESSURE WILL COME, SO TRADE CARE FULL, CRUDE OIL PRICE AGAIN COMING UP, CONCENTRATE ON BPCL, IOC, HPCL, THESE ARE IN AT VERY LOWER SIDE, AND KEEP THE S/L, IT SECTORS ALSO LOOKS GOOD, DO DAY TRADE IN THIS SECTORS, AND BE FAST IN UR PROFIT


SENSEX VIEW:

THIS RALLY WILL LEAD THE SENSEX UP TO 16400 TO 16700 RANGE, IT HAS SOME RESISTANCE AROUND 15900 AND SUPPORT AT 15655 RANGE


SENSEX SUP&RES

BELOW 15655 TR 15465, 15315 TO 290, 15200 TO 151650, 15K
ABOVE 15900 TR 16K, 16122 TO 16179, 16400, 16700

NIFTY VIEW

THIS RALLY WILL LEAD THE NIFTY UP TO 4800 TO 4950, IT HAS SOME RESISTANCE AT 4700, AND SUPPORT AT 4650,


NIFTY SUP&RES

ABOVE 4690 TR 4732, 4770 TO 795, 4820, 4855, 4930
BELOW 4650 TR 4625, 4600, 4536, 4468

SAFE TRADES VIEW

US MARKET CLOSED WITH UP SIDE, ASIAN MARKETS ARE IN MIXED SITUATION WITH POSITIVE MOOD, HERE EXPECT GAP UP OPEN, TODAY WEEK END, INFLATION NO’S COMES OUT AT 12 NOON, AFTER 12.3 TO 1 O CLOCK, I EXPECT SOME SELLING PRESSURE IN MARKET AROUND 16200, 4770 RANGE, SO IF THERE IS ANY GAP UP OPEN DON’T URGE TO BUY AND WAIT FOR SOME LOW, AND BOOK UR PROFIT FAST, THIS RALLY WILL LEAD THE MARKET UP TO 16400 TO 16700 IN SENSEX AND 4800 TO 4950 IN NIFTY, AGAIN I EXPECT SOME CORRECTION, BECAUSE SO MANY BAD NEWS ARE WAITING FOR US, SO AVOID DELIVERY BUYING, BUY FOR DAY TRADE, AND DON’T TAKE ANY THINK TO HOME DUE TO DAY TRADE LOSS, BOOK IT ON THE SAME DAY, TODAY MAXIMUM ALL SCRIPTS WILL MOVE FAST AND LATER SOME SELLING PRESSURE WILL COME, SO TRADE CARE FULL, CRUDE OIL PRICE AGAIN COMING UP, CONCENTRATE ON BPCL, IOC, HPCL, THESE ARE IN AT VERY LOWER SIDE, AND KEEP THE S/L, IT SECTORS ALSO LOOKS GOOD, DO DAY TRADE IN THIS SECTORS, AND BE FAST IN UR PROFIT


BEST OF THE DAY

BUY DIVIS LAB AB 1540 TR 1571, 1600, 1625,1650, S/L 1520
BOMBAY DY AB 798 TR 825, 850, S/L 792


IVR PRIME, HEG, WIPRO, INFY, HPCL, IOC, BPCL, PRAJ IND ALL ARE GOOD FOR BUYING, TRADE CARE FULL, AND BE FAST IN UR PROFIT, KEEP THE S/L