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DAILY PREDICTION

Advice for- Friday, November 21, 2008

As we predicted yesterday morning, Market has seen downtrend for the whole day, yesterday, even after the decrease in inflation numbers. You guys might have made good profits by shortselling.

 Today, Indian Stock market would see the crises as Global market has given worse clues. Dow Jones had even broken the support of 8000 yesterday and was assumed to recover but it again showed negative figures today morning, which shows the sign of big crises for the whole global market. Indicator wise market would be surely negative but be prepared for the surprises in Indian Stock Market as structurally it gives a feeling that Indian stock market may close positive in todays trading session and shorts may be trapped. The valuation of all the stock might be seen very attractive right now, but no signal is seen to buy at this price. We would suggest you again to sell @ every increase in market level, as the same stocks you would again be able to buy at much lower price. Remember we are assuming market to breach 7000 levels. Trading could be done but cautiously.

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