Hiiiiiiii
Market as expected by me remained under pressure from higher levels and almost remained under pressure for all the day,while in the mid session and last trading hour attracted good short recovery from my said levels of 4545 as this is the rock support for the weak.Now due to expiry market may remain very very volatile with negative bias if holds below 4625,and in the downside it can sustain above the low made yesterday(25.07.2007),expiry would be within 4550-4625 and more likely it will be 4575+,rest depends on the world market cues.
Note : We booked our Intraday short @ 4560,and also went long around 4555-4560 .
Today OUR BTST RELIANCE ENERGY MCDOWELL ROCKED
Stock to buy:-
Mcdowell
Tata Steel
Reliance Energy
Reliance capital
sail
GMR Infra
Options For August:
GMR INFRA 1000CA
RPL 120CA
RNRL 47.5 CA
RELIANCE 1920 CA
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