Wednesday, July 2, 2008

Stocks may shine, avoid the trap!

Overall view about markets today : Markets will be opening in positive zone with a marginal gap of 10-15 points on positive side of Sensex . Markets will be witnessing huge volatility , due to erratic behaviour of CRUDE , POLITIANS HAVE BECOME VERY RUDE , and both are making
investors and traders PERFECTLY NUDE. . Markets will be having very uncertainy at close

Buy ongc, IT stock ,Cement stock

Today, Nifty has support at 3,787 and resistance at 3,965 and BSE Sensex has support at 12,513 and resistance at 13,212.

The market may well rebound after Tuesday's pounding. At such times, beaten down stocks will suddenly have the wow factor, especially when the indices are in the green. Resist the temptation. We reiterate our warning that the pullback may not last long. Remain extremely cautious in this market whether one is trading or investing

Action in cement buy them
Cement prices likely to increase by 3/bag in Mumbai, Gujarat and southern markets from next week