Investors shown fresh buying in some heavy weights and the market is now poised to touch 4450+ levels in a day or two. The major worry is that the volume in the market is drying up and any wrong news will affect the market badly. Every one has to be extra cautious in the market..Today, market will open flat or positive and remain long above 4413 with SL 4400 for a tgt of 4435-4451. If it breaks and sustain below 4408 keep short with SL 4427 for tgt 4390-4375. Be careful with the positions and dont sell in panic. It's better to trade intraday and mint money...
Tuesday, July 10, 2007
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