Monday, March 23, 2009

PRE-OPEN MARKET OUTLOOK(23-03-2009)

GLOBAL MARKETS RALLY IS GOING ON AT THIS MOMENT ON THE BACK OF US MARKETS CUES.US MARKETS CLOSED IN RED LAST 2 DAYS BUT US(DOW) FUTURE IS TRADING MORE THAN 9O POINTS UP TODAY MORNING THEREFORE ALMOST ALL THE ASIAN MARKETS ARE TRADING 1% TO 2% UP TODAY.INDIAN MARKETS WILL OPEN GAP UP IN THE LIGHT OF STRONG GLOBAL MARKETS CUES.

NIFTY HAVE BEEN TRADING WITHIN 2770-2835 FOR THE LAST 3 DAYS AND IF SUATAINS ABOVE 2835 THEN FRESH UPMOVES WILL BE SEEN IN INDIAN MARKETS.


(LALIT KUMAR DHINGRA)

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