Friday, February 1, 2008

:: Pre & Post Market Analysis For 01st February , FriDay , 2008 ::

NEW YORK (AP) -- Stocks turned higher Thursday after concerns eased about hefty losses at bond insurer MBIA Inc. and the prospect of downgrades in the bond insurance industry. The Dow Jones industrials were up more than 130 points.


We Are Expecting Flat Opening Opening @ Opening Bell On 01 st Feb , 2008 ,
And
WE EXPECTING OPEN WILL BE Either @ ABOVE 5146.20 Spot Level Or @ Below 5104.30 Spot Level As Market Is Now Very Volatile


If Nifty Spot Will Open @ Above 5146.20 And After That Sustain @ Above 5195.30 [ Trend Reversal Level ] Then Surely It Will Move Up To :: 5232.70 OR 5239.40 OR 5257.25 OR 5269.75 OR 5284.35 OR 5319.20 Spot Level , @ Above 5232.70 It Will Be Very Positive

But....If It Will Open @ Below 5146.20 And Could Not Sustain @ Above 5195.30 Spot Level Then It Will Be Negative And Weak.... Lower Level TGT :: 5110.95 \ 5104.30 \ 5091.85 \ 5035.10

Long @ Above 5170.75 Or Even 5195.55 With A Trailling STPL @ 5146.20
U.L TGT :: 5232.70 \ 5239.40 \ 5257.25 \ 5269.75 \ 5284.35 \ 5319.20 Spot Level
Only Above 5319.20 Mktg Will Soon [ In The Short Term 2 To3 Days ] , Will Touch A High [ Min 5701.95 Spot ]

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