03rd Dec 2008 Market Outlook

Market retracted from my 1st target of 2840 showing still market is not good for positional trades in NIFTY so better play intra-day only with keeping levels in mind you will be earning both sides.

NIFTY Levels: buy above 2633 sl 2630 tgt 2720-2760-2790-2840 sell below 2630 sl 2630 tgt 2580-2540-below that disaster

Stocks:

• GVKPIL doing great its stuck in 12.2-19.8 range and you can expect decent breakout now.

• EDUCOMP

• SBI

• UNITECH-->>Must remember my lifetime short call

• DLF  -->>Must remember my lifetime short call