Market View 3 October 2007

A NEW HIGH EVERYDAY

Markets are in highly euphoric stage by neglecting many negative factors. Anyways we are all in highly overbought zone but who cares if our stocks are running & giving mindblowing returns then we should be least bothered.

Today We can see again a fresh high.

Our RELIANCE PACK STILL looks better & one can still hold that stocks for short term

NIFTY INTRADAY LEVELS :
CLOSE : 5067
SUPPORTS : 5045 , 5000
RESISTANCES : 5080, 5120

Technical Picks :

Dlf
Nagarjuna Construction
Unitech
Grasim
Dish Tv
Acc
Hfcl
TTML

INTRA-DAY CALL BUY : BUY ICICI BANK @ 1052 SL 1037 TGT 1083

FUNDA PICK :

SHIVA CEMENT LOCKED @ UPPER @ 11.23, RECOMENDED @ 9.5 LAST FRIDAY. STILL LOOK BETTER FOR 15 - 16 LVLS

TODAY MARKETS WIL BE OPNE UP BY MORE THEN 300 POINTS & CAN TOUCH 17600 - 17700 LVLS.

GOOD DAY , HAPPY INVESTING