Wednesday, May 30, 2007

The red is a danger sign!

The Asian markets are in red and our markets likely to open below 4261 level and continue to trade below 4173 level and even can touch 4229 level breaking the support at 4241 level. The weakness as usual in techs can infuse in banks.

The RIL likely to face pressure and the SBI in news with its subsidiaries, Bharti may face selling pressure. Tata steel and auro pharma in positive news. Be cautious and good luck.

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