MARKET VIEW FOR NOV-8

                     Our market shakes at opening due to US earlier election results which was not favor to obama. But after realize full result our market broke an important level of 5739 & close above that level.Still we have some resistance around 5800-5820 mark. Our lic call hit 1st target yesterday.

             Every one knows about our market levels of last 2-3 years. Two years before our market rocks & hits new high above 6300. On that time US market mainly DOWJONES was 52 weaks low which was below 10,000. Also last one year our market cracked & went to 4500 level, now gradually moves an bullish phase. In the mean time DOWJONES was all time high of 13,000++.
So every one accept that ""HISTORY WILL REPEAT"".

              Now we are expecting same logic that DOW red means NIFTY green. DOWJONES will go down Our NIFTY may hit all time high. This process may take some time not immediately.Today nifty seems to be gapdown.Nifty having support at 5675-5680 profit. Buy near to our support level would get 20-25 points

JINDAL STEEL    :Sell below 381 sl 385 target 
                        will be 376
ORIENTAL BANK:Sell below 325 sl 329 target
                        will be 318

PORTFOLIO ALERT

             
      No calls as of now...

THANKS & REGARDS
      NSEBSENOW