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16 December, 2008

SATYAM EFFECT ON NIFTY???

Abrakadabra... In the disturbing economic world every one is suffering from analysis but in between we are seeing the episode of satyam comp (buying its promoter's other company at the angry of mutual fund holders). ADR satyam is falling above 50%... then what about satyam share tomorrow?... All things are bullish even now.  OI data is + ve. Global cues + ve. Then if markets take a jerk because of satyam.. it is a great chance for call buyers... enjoy from the fall by buying calls even for this month or for next month. There is a chance of crossing nifty first 3200 and then for the next month 3500-3550.  Think for super shorts at that level in the next month.  Let us enjoy satyam episode tomorrow.

Update in the next morning...
AND AT LAST SATYAM CANCELS ITS DEAL !!! & Fed cuts its rate to min. levels. Bullish.. Bullish..Bullish..

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