Wednesday, March 28, 2007

Market News And Updates - 28/03/2007[EOD]

Market closed very weak today. Same is expected for atleast tomorrow.
Global cues are not good. Market seems to be in a range from 12300-13300.
No long term investment should be done now.. Get out on small profits and buy again at lower levels.
Though BHEL has showed strength but it has very high resistance at 2330.. so it can be sold around 2300 levels and bought at around 2150 again..
ForINFY the next support is at 1900 levels.. fresh entries can be done there..
L&T has a very strong support at 1475 levels.. Siemens has support around 1000 levels.. These levels can be good entry points..

Sugar stocks are showing some strength.. Balrampur Chini and BajajHin are only quality stocks..

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