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Moneycontrol.com >> Message Board >> View Messages >> Market Outlook - Short Term
   You are here :     Moneycontrol     MMB    Market View      Market Outlook - Short Term                         Most active discussions of 2006 , 2007 & 2008
market outlook this week: Be and Make (1)   20-Jul-08 15:27Tracked by (0)  
Posted by:   Be and Make on ( 20-Jul-08 15:27 )
From last two weeks I have not gone for any trade on Nifty except some stock futures in RPL counter. But this week is meant for the trading In my view government may not be able to show the strength. But, markets are factored for the survival of government so if government may not show the strength then the panic will come. So, the margin for to survive or not is very narrow.
First case:
In this condition my call is to buy the RPL future and sell the Nifty future for the same value. This will reward you in any case.
Second case:
On Monday if any gap up opening happens then go short on Nifty 4175-4250 with a stop loss of 4325 targeting the T1: 3975 T2: 3850 T3: 3725.(If government not able to show the strength then hold the short position till the expiry)

with thanks
be and make

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