Market View 9 October 2007

SELECTION OR ELECTION ?

This is one thing which investor or trader has to decide at this junction. One has to be very selective at current levels which buying any stocks as markets in coming days will be highly volatile. There is huge amount of funds coming in India for investments which will keep the momemtum up but Politics ( election ) our all time hit story for the country & economy is acting as a willan in the movie.

Anyways Investors in India are never at a loss. They are smart enough to ignore the small ups & downs in short term which tempers the momemtum, as they know the growth & fundas for Indian growth story ahead. ( We make our clients to think like this & gain ).

Nifty Intra day levels :
Close : 5085
Supports : 5060 , 5040
Resistances : 5110 , 5125

Technical calls :

Yesterdays Calls :

Buy Purvankara @ 460 sl 440 tg 500+ short term. HITS 490 INTRA DAY

BOOK PROFITS IN OUR SHORT TERM TECHNICAL PICKS

Fundamental Stock :

Shiva cement hold

TECH STOCKS GIVEN ON OCTOBER 1, 2007 SEE TODAY ALL PRICES & CONTINUE WITH THAT.

LIVE MARKET CALLS ARE UPDATED ON YAHOO & ON CHAT BOX PROVIDED ON THIS WEBSITE.

Today the markets wil seen some bounce but this bounce would act as an rally to book profits & stay for lower levels for buying around 16000 - 16500 levels.

GOOD DAY , HAPPY INVESTING