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06 January, 2009

bulls to be stronger...


Now our markets are taking a bullish view from all our technical analysts if nifty crosses 3240 that may happen today????. We may expect a correction from3240-3280 to 3050 levels in this week. F&O data and FII data is + ve. But SCO index is 96.13 which is showing that we are near correction levels. 3100 put 12.8 lac writing?? This shows markets may go up to 3300 levels today /tomorrow.Any how one may book profits today/tomorrow morning and take a short 3000put. 

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