Market reacted to the good global cues yesterday and since the dow closed in positive today, indian markets to follow suit. Market may take some rest in the coming days with positive bias with less voilatility if the global cues are positive. Use dips to buy fresh longs preferably at lower levels.
Today, market may open flat or positive with less volatility and remain long only above 4360 with SL 4345 for a tgt of 4395-4430. If it remains below 4355 keep short with SL 4370 for tgt 4320-4285. Trade Intraday only....
Friday, August 3, 2007
Market Forecast for 03.08.07
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