MARKET VIEW :
MARKET TREND WILL BE DECIDED BY THE INFOSYS RESULTS COMING ON WENESDAY 11/07/06 . MY TECHNICAL ANALYSYS SUGGESTS A TECHNICAL AND A HEALTHY CORRECTION FRM THESE LEVELS
SENSEX HAS SOME VERY STRONG RESISTANCE AT 15050... BUT THIS RESISTANCE WOULD BE EASILY SURPASSED ONLY IF INFY DECLARES STUNNING RESULTS.... IF RESULTS ARE BELOW MARKET EXPECTATIONS + TECHNICAL RESISTANCE.... THERE WILL BE A DROP IN THE MARKETS .
TODAY I M NOT GIVING ANY SHORT TERM CALL... DUE TO DOUBTFUL OF TREND !!
INTRADAY TIPS
BUY GMR INFRASTRUCTURE SL 785 TARGET 820 830
BUY ICRA WITH AN SL OF 995 TARGET 1015 1030 1040.....
SHORT ARVIND MILLS SL 52 TARGET 47 46
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