- Nifty trading in a very narrow range 4700-4900, open interest seen building up at 4900 level on sell side, indicator market is unlikely to sustain above 4900, which acts as strong resistane zone, on other side huge writing of put options seen at 4600 / 4700, which should be intermidiate support zone, budget is expected to be more inclined towards exit strategies for rising inflation threat and improving IIP nos.,
- There is mere retail participants in IPO(s), does it indicate that valuations are rich., - History reveals that market has corrected post IPO(s)., - Caution - there could be post budget correction of 10-20% Put forward your views -- Thanks Manoj Damani +91 9903009493 -- You received this message because you are subscribed to the Google Groups ""GLOBAL SPECULATORS"" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/globalspeculators?hl=en.
