Wednesday, March 26, 2008

27th March

Hi,
Expect volatility as expiry day of March. Good thing is we closed above 4820 trend line.
Watch NIFTY around 4760. If we sustain above then expiry may happy bulls. DOW -70 at 7:45 PM IST. If DOW close at this range surely we will see 4760 level. Trade fast and carefully as volatility would be there.
Bullish stocks: PURVA, TATACOM
Bearish stocks: BHUSANSTL, NDTV, ABB
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Most of us have same question, where sensex & NIFTY heading? Sensex may rally upto 16660 help of GLOBAL MARKET only. This would be exit area NOT buying.
In medium term we are heading towards new low of 2008 in medium term.

It's my view only. Take your own decision in stock market.

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