Market Outlook 24/07/08

Market in hands of ADAG now..!


Yesterday, market jumped as if there is no tomorrow and it is now manipulation which is pulling the market up without any breaks and as told ADAG stocks are firing too much and one should also be careful of the fall that may come....!
Market looks to be in ADAG holds now and they are pulling it up and interesting to see where they put the break as it's all in their hands now.On the global scenario, Dow rose 29.88 to 11,632.38 after rising nearly 100 points early in the session and crude fell $3.98 to settle at $124.44 a barrel on the New York Mercantile Exchange.For today, nifty has resistance at 4535 on the upper side and if it breaks that it will go still higher around 4600 and below 4535, some selling might come.Downside, 4440 and 4390 are very strong supports for today.

Stock watch for the day:

Today's calls only for clients