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#88 (permalink)

20th July 2008, 11:03 PM

sujandesai sujandesai is offline

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An intermediate bottom is formed...........

Friday was a good day to end the week on positive note on account of short covering by the market participants ahead of the big political event. For the past two weeks Nifty was trading in a range of 3800-4200.Now the downward traction seems to be exhausted for the time being. Even the FIIs need some rally to sell again at higher lvls.

We are at cross road now .Global markets are also witnessing a rally.We may also see a sharp rally well up to 4600-4700 before the next bout of selling begins but to trade this rally we need some evidence. It now becomes crucial to see the development at political front - the result of confidence motion and market reaction on the outcome of this event.

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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.