Monday, March 24, 2008

25th March

NIFTY FUT OI up (both series) with decreasing volumes indicates rollover of short positions.
Watch NIFTY at lower side 4550 and upper side 4705

DOW up 225+ points. If it continue till closing then we may see GAPUP around 4700.
Very short time trend: BULLISH
Bullish stocks: ROLTA, MCDOWELL-N, RELIANCE
Bearish stocks: AXISBANK, AIAENG, TATATEA

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