Tuesday, January 6, 2009

07/01/2009 mkt view

Yesterday we were doubty for market and the jumbo(sbin) play its part....

The same condition for reliance tomorrwo... if in a couple of days it again start trading above 1420 than again some bull may run,,,but if the sbin joins hand with him in breaking markt no wonder we may see again 2980/3000 level in a couple of days.

Surpsisingly ACC/GRASIM rocks the market today and almost more than 5% up form theri openings...charts shows very high volume in compare to other.. tomorrow make difficult to sustain at this level....

The first condition to short nifty tomorrow is make sure RELIANCE IS weak as SBIN is today...

if happen so dont just short nifty but short RELIANCE too..

DISCLAIMER- ITS GOOD TO ASSUME THAT I FOLLOW MY VIEW COMPLETELY

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