Market seems to be overheated and the global cues are showing negative trends. So stay long with extra high caution as correction can set in any time. Most probably market will consolidate before any further upswing.
Tomorrow, market will open flat or negative with a gap down of 35-50 points and remain long above 4575 with SL 4560 for a tgt of 4595-4620. If it breaks and sustain below 4570 keep short with SL 4585 for tgt 4545-4525. Be careful with the positions... trade wisely...
Monday, July 23, 2007
Market Forecast for 23.07.07
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