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06 September, 2008

NSG CLEARS INDIA...

Now NSG clearance for India is a positive sign in the India's history and it boosts the sentiments in the Indian stock market for a short term view. Except this, every parameter of technical analysis is negative. Hence, we have to wait and take a call option on Monday. We may expect a flat/- ve opening of market. But, this long journey may lead nifty up to 4650 this time. But the over all bear market can not be left out of our view. I feel that the point here is not any thing than the operator's action to off load the mid cap/ small cap stocks to the small investors at high levels. The operator knows that the future is very weak for the world economy fundamentally, irreparable. Our nation has to go for general elections, for this big political money has to go out of market. Target for 4600 calls that may give profit up to three times!!!

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