Thursday, December 29, 2011

30.12.11 Mkt View


Mkt is Highely oversold Technical Rise is very Limited

Overall Trend is weak so avoid Fresh Buying

& Hedge ur Buying with Put of 4700/4600. 

NIFTY SUPP-4660/4632 RESSI-4730.

STAY SHORT IN WEAK SCRIPS LIKE

BHARTI TEL SL-353 T-330

JINDALSTEEL SL-485 T-440

YESBANK SL-252 T-230.

STAY SHORT POSITIONALLY FOR 3/4 DAYS