Calls :-) 6 August , 2007

A BLOCKBUSTER MONSTER AGAIN TO STRIKE MARKETS

MARKETS TO WITNESS A SETOFF AGAIN BUT SOME PROFIT BOOKING & SOME SHORTS BUILDING UP AGAIN IN MARKETS. ON FRIDAY WE WERE VERY CAUTIOUS & WE ADVISED NOT TO TAKE ANY OVERNIGHT BUY POSITIONS.

TAKING CUES FROM THE GLOBAL MARKETS DOW JONES DOWN BY MORE THEN 280 POINTS OR SO & ALSO WE CAN SEE THE AMERICAN ECONOMY GOING INTO RECESSION. IF THIS HAPPENS THEN THE ENITRE WORLD MARKETS WILL SOME PROFIT BOOKING & SHORTS HAPENING TOO.

NIFTY HAS VERY GOOD SUPPORT AROUND 4300 LVLS. IF THIS IS BREACHED THE NEXT IMMEDIATE SUPPORT WIL BE AT 4100 LVLS & FOR SENSEX @ 14000 LVLS.

IF THIS HAPPENS TO BE TRUE THEN THE MARKETS WIL BE AT THE FAIR VALUE & ONE CAN TAKE A STOCK SPECIFIC APPROACH FOR SHORT TERM BUYS.

STOCK SPECIFIC VIEWS FOR PCG ( PRIVATE CLIENT GROUP )

GOOD DAY , HAPPY INVESTING

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