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#84 (permalink)

14th July 2008, 09:44 PM

sujandesai sujandesai is offline

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A flat day ...........

It was another volatile day. After negative opening Nifty found support at 4000 levels and moved in a narrow range most of the day. Positive opening from European markets saw Nifty going past 4100 but was not able to sustain above it. IT stocks led by Infosys and HCL saw major sell off. Capital goods, Bank, Realty remained under pressure throughout the day. Ranbaxy was hammered down on the news US court taking the company for systematic fraudulent conduct. In all it was a trend less day.

Going forward Nifty may trade in a range before making any directional move. Uptrend will resume only after Nifty is able to move above 4350. Markets are expected to remain volatile on account of quarterly result season

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Your Intraday/Short Calls

Intraday Calls/Short Term Calls By Our Members NOTE: PLEASE CHECK THE DATE OF CALLS CAREFULLY. LATEST CALLS ARE FOUND ON THE LAST PAGE. Calls made in this section are entirely by our boarders.

Intraday Calls/Short Term Calls By Our Members
NOTE: PLEASE CHECK THE DATE OF CALLS CAREFULLY. LATEST CALLS ARE FOUND ON THE LAST PAGE. Calls made in this section are entirely by our boarders.