Finance News: India Business News

Tuesday, July 3, 2007

Market Forecast for 03.07.07



Market again witnessed selling at higher levels and for the time being, the market will be in a rangebound mode and a fresh upward rally may resume after a short break. The bulls are having their final say now and the bears may try to break the rule today.. so be extra cautious in the market.

Today, market will open flat or negative attached with volatility and mixed bias and remain long above 4322 with SL 4301 for a tgt of 4342-4352. If it breaks and sustain below 4315 keep short with SL 4330 for tgt 4298-4278. Be careful with the positions. it's not safe to take fresh longs at higher levels now. Traders, trade intraday and mint money............

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