Friday, February 1, 2008

1st trading day after JAN F&O Expiry

We have witness very volatile session today after F&O expry.Bulls and bears were fighting whole day where some times it was looking as if bears will win but at the last hour bulls gained their ground and won bears. they have got support from infosys and reliance mainly.Bulls were successfull in pulling almost all the stock from low and market bradth was positive after a long time.


Stocks to watch on monday:

For short term delivery buy one can buy 3i infotech and infosys. JP and Union bank

For intra day: one can look to welspun gujrat, Neyvelli lignite,and Hindalco.


i hope thet next week market will consolidate and gain more grounds before anticipation anxity of budget.Next week is also interesting due to Rel.power listing.

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