Monday – 02-06-08 – 8.50 AM

MARKET VIEW

US MARKET CLOSED WITH MIXED SITUATION, AND SAME AS ASIAN MARKET ALSO DOING IN FLAT AND MIX SITUATION, HERE EXPECT FLAT OPEN, OR MILD UP SIDE OPEN,(ACCORDING TO THE ASIAN MARKET STATUS AT AROUND 9.55 AM OUR MARKET WILL OPEN), NOW WE HAVE TO WATCH 2 POINTS THAT IS 16700 AND 16150 TO 16100, FOR SENSEX, 4950 TO 4830 FOR NIFTY, MARKET WILL DO VOLATILE FOR SOME MORE DAYS WITH EDGE OF THESE POINTS, ABOVE THE HIGH POINTS MARKET WILL MOVE FURTHER UP SIDE UP TO 17200 TO 17240 IN SENSEX, 5050 TO 5100 IN NIFTY, BELOW THE LOW POINTS MARKET WILL TOUCH 15000 15200 IN SENSEX, AND 4440 IN NIFTY,

SENSEX VIEW:

NOW SENSEX HAS SOME RESISTANCE AROUND 16685 TO 16700 LEVELS, ABOVE THIS LEVEL NEXT TARGET WILL BE 16800, 16950 TO 17K, 17100, 17200 TO 17250, AND IT HAS SOME SUPPORTS AROUND 16310, BELOW DOWN SIDE WILL BE 16230 TO 16160, BELOW IT WILL MOVE TOWARDS 15200 TO 15K

SENSEX SUP&RES

BELOW 16310 TR 16230 TO 150, 15950, 15700, 15600, 15500, 15200, 15K
ABOVE 16685 TO 700 TR 16800, 16920 TO 960, 17020, 17150, 17230,

NIFTY VIEW

NIFTY HAS SOME RESISTANCE AROUND 4910 LEVELS, ABOVE THIS NEXT TARGET WILL BE 4960, 5020, 5075 TO 5100, AND IT HAS STRONG SUPPORT AROUND 4830

NIFTY SUP&RES

ABOVE 4910 TR 4960 TO 4980, 5040, 5080, TO 5100
BELOW 4830 TR 4800, 4750, 4718 TO 4700, 4630, 4600, 4550TO 430, 4460, 4440

SAFE TRADES VIEW

US MARKET CLOSED WITH MIXED SITUATION, AND SAME AS ASIAN MARKET ALSO DOING IN FLAT AND MIX SITUATION, HERE EXPECT FLAT OPEN, OR MILD UP SIDE OPEN,(ACCORDING TO THE ASIAN MARKET STATUS AT AROUND 9.55 AM OUR MARKET WILL OPEN), NOW WE HAVE TO WATCH 2 POINTS THAT IS 16700 AND 16150 TO 16100, FOR SENSEX, 4950 TO 4830 FOR NIFTY, MARKET WILL DO VOLATILE FOR SOME MORE DAYS WITH EDGE OF THESE POINTS, ABOVE THE HIGH POINTS MARKET WILL MOVE FURTHER UP SIDE UP TO 17200 TO 17240 IN SENSEX, 5050 TO 5100 IN NIFTY, BELOW THE LOW POINTS MARKET WILL TOUCH 15000 15200 IN SENSEX, AND 4440 IN NIFTY, SO TRADE WITH THIS SUP AND RESISTANCE, ANY WAY MARKET WILL FACE SOME SELLING PRESSURE IN HIGHER SIDE, SO BUY AT LOW AND SELL AT HIGH, DON’T TAKE ANYTHING FOR DELIVER NOW, DO DAY TRADE, AND BOOK QUICK PROFIT, KEEP THE S/L, PROFIT OR LOSS BOOK ON THE SAME DAY

BEST OF THE DAY

JINDALL STEEL AB 2400 TR 2460,2500, 2555, 2600, 2700, S/L 2340
EDUCOM BL 3900 SELL TR 3850, 3800, 3750, S/L 3930
GUJ ALKALIS, VSNL, TISCO LOOKS GOOD FOR BUYING , BUY AT LOW

WE ARE NOT RESPONSIBLE FOR ANY LOSS IF U GET BY OUR CALLS, RISK IS UR'S