<:: Pre & Post Market Analysis For 08 th February , Fri Day , 2008 ::>

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Merck Settles With Gov't Over Rebates-
:: NEW YORK (AP) ::
Merck and Co. has agreed to pay $671 million to settle claims that it overcharged Medicaid programs for four drugs, including Vioxx and Zocor, and to resolve allegations of improper marketing to doctors, U.S. prosecutors and company officials announced Thursday.

We Are Expecting Positive Opening Due To Some Short Covering
And +Ve US Market @ Opening Bell On 08Feb , 2008 ,
And
WE EXPECTING OPEN WILL BE Either @ ABOVE 5154.85 Spot Level Or @ Above 5198.80 Spot Level As Market Is Now Very Volatile .

If Nifty Spot Will Open @ Above 5198.80 And After That Sustain @ Above 5221.30 Then Only Go Long @ HIGHER Level
And
U .L . TGT :: 5300.60 [ T.R.L UP ]
Above 5300.60 Upper Level Tgts :: 5316.25 \ 5438.55 [ Strong Resistance] Spot Level ,
But
If Not Sustain @ > 5221.30 , Then Wait For Cooling Down
And
Will Take A Long Position @ > 5154.85 , OR @> 5123.55 As Per Market Conditions
With A Trailling STPL @ 5110.20
@ Above 5300.60 It Will Be Very Positive
And
Remember At Below 5141.85 It Will Be Negative
And
@ Below 5110.20
Totally Negative All Levels Are Spot Level
And
Lower Level TGT :: 5082.10 \ 5052.25 \
OnlyAbove 5300.60 Mktg Will Soon [ In The Short Term 2 To3 Days ] , Will Touch A High [ Min 5527.15 Spot Level ]


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