Thursday, August 28, 2008

Market is expected to remain volatile

Below 4350 market is weak - heading towards 4280 - 4250 !!
we may see slide 4100 - 3900

On Upper side we need to trade above 4350 and 4450 - then we can see 4740 - 4900

TODAY'S SURE SHOT CALL - BUY JP ASSO - CMP 156 SL 152.80 TGT 162 / 167

We expect that market may see volatile trade during the trading session ahead of inflation number for the week ended 16th August 2008 due to be released today evening and expiry of August series derivatives contracts today

Reliance Industries could move between Rs.2,133 and Rs.2,185. Trades low buy at Rs.2,133 with a stop of Rs.2,122. Opens high sell at Rs.2,178/84 with a stop of Rs.2,197