NLD for 27-6-2007

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This publication has been prepared solely for information purpose and does not constitute an offer or a solicitation to any person to buy or sell a security. While the information contained therein has been obtained from sources believed to be reliable, investors are advised to satisfy themselves before making any investments. I do not bear any responsibility for the authentication of the information contained in the post & consequently,are not liable for any decisions taken based on the same. Further, My reports only provide information updates and analysis.
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NIFTY: Prev, Close: 4285.70 Resistance@ 4300, 4320, 4333 Supports @ 4250, 4220, 4210, 4200, 4185, 4170.TGT 4500 or 3980 (This Rally TGT)

SENSEX: Prev, Close: 14487.72 Supports@ 14300, 14200,14105, 14000, 13880 and Resistance @14550, 14685,14720 TGT 15200 or 13800 (This Rally TGT)

NIFTY Futures: Prev, Close: 4272.20

Buy Nifty Fut @ every declines with Sl below 4255 or Sell below 4250 Sl above 4255

Market Outlook: Markets are expected to open with gap on positive side, shorters are looking move above 4280-85 to cover their shorts. Still lots of short covering is left in market so we can expect market to ignore what world is doing, and ready for some huge fireworks. All time high is just formality now.

Stock to Watch out: IT Pack as lots of shorts are on cards to cover

Market Rumors / Strategy: Don’t Remain Short or be ready to see stars in the day. There is a huge war going in market between bears and bulls. So don’t remain short buy @ declines.

Stupid Logic : Shorts are now frustrated by Bulls. They have fallen very nicely in Bulls Trap. Bulls are now going to party in Bears funeral. Nifty Party is just started. My stupid logic has already said we recovered on Monday Afternoon @ around 2 and we will remain positive till Thursday around 2 which will show all time high. Nifty 4444 coming, which is just formailty.

Kindly wait for First 5 – 10 mins before buying or selling anything

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