AS I WAS BUSY TODAY MORNING THEREFORE COULD NOT WRITE IN DETAIL AND REPRODUCING YESTERDAY FUTURE OUTLOOK OF POST CLOSING REPORT BECAUSE FOR TODAY MARKET MY VIEW IS SAME:-
AS INTRADAY CHARTS OF MANY STOCKS AND INDICES ARE SHOWING GENUINE SELLING THEREFORE MORE DOWN MOVES ARE EXPECTED AND NIFTY MAY TEST 4400 TODAY. AS I WAS EXPECTING DOWN MOVES TOMORROW THEREFORE I SHORTED NIFTY F&O YESTERDAY WHICH WILL BE PROOVED FORM FOLLOWING LINK OF THAT SMS PICTURE WHICH WAS SENT FOR SELLING NIFTY JUL FUT. AND BUYING PUT OPTIONS:-
http://www.orkut.co.in/Main#AlbumZoom.aspx?uid=15126964664090279701&pid=1248199401843&aid=1234097281$pid=1248199401843
FIRSTLY CORRECTION IS EXPECTED TODAY.
AS GLOBAL CUES ARE POSITIVE TODAY MORNING THEREFORE MARKET WILL OPEN POSITIVE BUT WILL BE DOWN FINALLY AND EXPECTED TO CLOSE IN RED TODAY.
(LALIT KUMAR DHINGRA)
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