Tuesday, July 7, 2009

08/07/09 mkt view

Today Morning all asian market are weak,,,,dow jones also weak but when things come at out market....I will say yesterday it has given good reversal and this reversal is maintain untill 4120 future nifty is not broken.

The main problem lies with the Banking Stocks.....if Market again goes to 4120 mark it will be the bank stocks who will do the rest so follow strcrict stop loss while buying any banking stocks.

Today the trend will be quite volatile and decider where will market head.... below 4120 or above 4300
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DISCLAIMER- ITS GOOD TO ASSUME THAT MY CLIENTS HAVE THE SAME POSITION DISCUSSED

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