Market View 17 August, 2007

THE SUB PRIME EFFECT ALL ROUND THE WORLD.

THE MARKETS ARE ALL ROUND THE WORLD ARE FACING THE SELL OFF / PROFIT BOOKING CRUNCH. BUT THERE ARE VERY FEW PEOPLE WHO KNOWS WHAT IS THE SUB PRIME EFFECT. WE WILL UPDATE AN ARTICLE ON THIS LATER ON.

THE MARKETS HAVE GOOD SUPPORT @ 4100 LVLS FOR NIFTY & 14100 FOR SENSEX. FROM THESE ONE CAN BUY FUNDAMENTALY SOUND STOCKS FOR EXTREME SHORT TERM FOR TRADING.

THE STOCKS CAN BE WATCH OUT ARE :

RELIANCE PACK
ENGG STOCKS : LNT, ABB ETC.....
BANKING STOCKS : SBI, ICICI ETC.....
IT STOCKS : INFOSYS, TCS, TECH MAHINDRA ETC.....

WE EXPECT THE MARKETS TO BOUNCE FROM LOWER LVLS.

GOOD DAY , HAPPY INVESTING.