The political uncertainities made the market loose all its gains during the intraday. As the UPA givernment is stable till sept 14th, one must avoid going long and be positional in the trade.
Today, market may open flat or positive attached with high volatility and remain long only above 4145 with SL 4125 for a tgt of 4210-4310. If it remains below 4145 keep short with SL 4165 for tgt 4070-3995. dont short blindly. Play with the mood of the market and mint money will be the mantra for the day....
Friday, August 24, 2007
[ 24.08.07] Market Forecast
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