Thursday, November 1, 2007

For 1st November 07

Be Selective & Dont Trade Blindly

Fed in order to curb recession went for a 25 basis point cut but not before hinting there will not be further cut soon.

Nifty 6000 levels ??
Opening will open up,stay long abv 5955 sl 5912 tgt 5980-6050.

We expect the Sensex to breach and close above 20k today. Hold tight for windfall gains

AS mentioned Earlier Crude going for 100$ see now where is it

Global Funds started feeling the heat in china and there is a huge probability that these funds will rush to the Indian Markets. Power, Infrastructure,Fertilizers and Financial Services took the major pie of the rally.

Ongc to fire.......

Power Sector: Charged up


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