Market Report 15-April -08

Global slowdown and How come we be isolated , yes the power of growing economy is there but there has to be some effect and that is what we are witnessing , AS a investor what shuld be the strategy shuld we remain invested or shuld we quit , this is the commomn question we witness daily 3-4 times through our readers .

Yes we believe in India and ups and downs are always there so tough time does'nt last long , expect the tough time from here also to past soon , But the oppourtinity this time market is given you wont get in future .. so what we see from here that the water is very few in the glass but there is whole sky filled with clouds when it rains .. u wont realize..

With the fall in asian indices on monday ,, we can thank that we were on holiday there was a massive selloff that was carried out on monday trade .

yesterday US markets close marginally low and asian markets are trading relatively flattish kind of.Infosys nos wuld be out today , all knows that the nos would be as per the expectation but the major point what market players here are looking for is the guidlines that infy will project for its future growth ..
A good bullish guidlines can really effect the sentiments specially in the IT sector ...
With infosys we have ZEE tv and HCL nos coming today ..

We expect the volatility to continue with selective mid cap buying may be seen .Oil and gas may see some buyibng today also..

Keep and eye on cairn here we told u its going under rerating ..
REL petroleum also crossed the its major resistanceat 180 lvls.. with the support at 172 lvls noww traders can pick the stock for shortt erm trgts of 192-199-205..

Mid cap IT , if infosys came out with better guidlines can show some momentum..

keep an eye on ..

Parsvnath Developers is close to entering into an alliance with French retailer Groupe Casino for retail operations in India ..

Satyam Computer Services is setting up a 25-acre campus in Victoria..

Crompton Greaves is on the lookout for an acquisition in the industrial systems space, aims to be one of the world’s top 10 companies in industrial systems in the next five years....

Nifty support at 4750 -4700 and major support lies at 4620 lvls resis at 4805-4850 lvls...

have a grt day !!!!