Friday, June 08, 2007

For China ‘No’ but for USA “Yes”!

The market behavours are quite interesting; while China melts down happened every body was at wait and watch. Where as the USA markets made the other markets melt down across the globe. That is the big brother leadership even in distruction.
The possibility of Nifty opening below 4141 is for sure but the 4079 leve shall not be breached as posted earlier. The RIL shall not trade below 1645-1641 leve SBI not below 1326-1329 and RCOM shall now go below 500 mark. The Steel and metal with FMCG will melt. Good buying of HLL at 186-189 level and 149-146 for ITC.

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