BEST BUY
JSW STEEL (BUY) 581 (Target1) 587 ( Target 2) 591 (Sl) 572
RCOM (BUY) 510 (Target1) 516 ( Target 2) 521 (Sl) 502
DLF (BUY) 585 (Target1) 590 ( Target 2) 596 (Sl) 577
Tuesday, August 21, 2007
[ 21/08/2007] Calls...
[ 21.08.07 ] Market Forecast
The indian markets again danced to the tune of global markets yesterday. As the dow has closed in green, the world markets are expected to trade in green only. But still, i am not convinced about the sustainability of this rally and i still advise all not to go long till the nifty closes above 4260+.
Today, market may open flat or positive attached with high volatility and remain long only above 4200 with SL 4185 for a tgt of 4280-4310. If it remains below 4195 keep short with SL 4215 for tgt 4120-3990. dont short blindly. Play with the mood of the market and mint money will be the mantra for the day.... Best wishes for a safe trading..
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