
Stocks Rebound After Tuesday's Plunge-
NEW YORK (AP) ::
Stocks regained some ground Wednesday as many investors, though still uneasy about the economy, decided to buy back into a market battered a day earlier by recession worries.
We Are Expecting Very Positive Opening Due To Some Short Covering And Strong US Market @ Opening Bell On 07Feb , 2008 ,
And
WE EXPECTING OPEN WILL BE Either @ ABOVE 5390.95 Spot Level Or @ Below 5415.25 Spot Level As Market Is Now Very Volatile .
If Nifty Spot Will Open @ Above 5390.95 And After That Sustain @ Above 5415.25 Then Only Go Long @ HIGHER Level
And
U .L . TGT :: 5464.35 [ T.R.L UP ]
Above 5464.35
Upper Level Tgts :: 5504.40 \ 5523.60 OR Even 5547.05 [ Strong Resistance] Spot Level ,
But If Not Sustain @ > 5390.95 , Then Wait For Cooling Down
And
Will Take A Long Position @ > 5315.30 , OR @> 5289.80 As Per Market Conditions
With A Trailling STPL @ 5278.90
@ Above 5464.35 It Will Be Very Positive
And
Remember At Below 5390.95 It Will Be Negative
And
@ Below 5276.55 Totally Negative All Levels Are Spot LevelOnly
Above 5464.35 Mktg Will Soon [ In The Short Term 2 To3 Days ] , Will Touch A High [ Min 5593.85 Spot Level ]
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