Friday, March 21, 2008

DOW closed 261 points up what about NIFTY?

Indian stock market quite lucky that it was closed when DOW closed 290 points down. Yesterday DOW closed 261 points up still DOW is in negative of 30 points for Indian Stock Market.
Well, it would be good chance to book long on monday "If" you see pullback due to WORLD MARKET
One may consider short NIFTY or buy PUT on monday.
As per my view* NIFTY to trade around 4250 in short term.

Take your own call. Good luck!

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