Monday, July 7, 2008

Market may remain volatile

Today, Nifty has support at 3,942 and resistance at 4,111 and BSE Sensex has support at 13,214 and resistance at 13,748.


L&T can be bought at the current level and decline upto Rs.2,365 with a stop of Rs.2,346. The key level is Rs.2,414 above which it will touch Rs.2,444 .. Rs.2,469 .. Rs.2,483

Sugar might see some more action on firming global prices and also short fall of Sugarcane crop in Pakistan.

IT as sector at this point of time. No doubt the Q1 numbers that will come out of Infy boardroom will be positive and the profits will be better than expected, boosted by currency gains

BUY IT,Sugar n Fertilizer stock

Buy Rpower only if n- deal rumours comes