Good Morning.....!!!
Nifty spot will be 2832,2802,2775,2755,2720,2682,2669
It was a blood bath in the Indian markets yesterday where we lostnearly 300 points. Over all we see a negative opening but expecting a flat to positiveclosing .
US Mkt closed -3.8%. Asian Market trading down by 1%-1.5% Crude also dipped to 7% low and is trading at 34$ a barrel
Indian markets are expected to open low and today we see a recovery inthe late session , We advice members to buy NIFTY at 2735-2740 with Sl2720 for a traget of 2800 in next 7 trading sessions. It would beanother bad day for Reality & Banking . We advice to buy ondeclines the fundemental strong companies as we expect technicalrecovery creeping in todays market.
We would also see some spark inMAYTAS with Govt decision on impounding the directors of the MAYTAS .This is a positive movement and we may see the stock in upper circuittoday.
