13/11/2008 mkt view

when mkt fail from 3240 it give clear indication to southward journey once again, as we have calculated the pattern follows the design which lead to worst, but we are seeing some consolidation at 2650-2700 level which may again lead market to 10 to 15% rise from there..we dont think mkt should give up easily it may again get some relief package and try to run like anything...individual scripe wise if we go unitech,mundra,rpower,rcom and other ADAG scripes looks horible, right now we are not seeing any big guy to support mkt....keep an eye near 2650-2700 create new short only belo 2600 and then after 2500....crosss d finger