NIFTY LEVELS FOR JULY 2010

JULY STARTS WITH REVERSE IN NIFTY PREMIUM . JUNE IT WAS - 20 TO 30 POINTS.NOW IT WAS 20 POINTS PREMIUM ... OH MY GOD WHAT A CHANGE. LAST WEEK EUROPE FELL MORE & DOW DID'NT GO UP BUT ASIAN MARKET HELPED A LOT FOR OUR MARKET. FII BUYING A LOT IN CASH MARKET AND THEY WILL KEEP IT UNTIL WE BUY MORE MORE MORE FINALLY THEY FINISH THE THINGS SMOOTH.

NOW JULY NIFTY LEVELS AS FII BUYING A LOT & DII IN SELLING A LOT WE CAN EXPECT NIFTY NOT FALL HEAVY.WHICH MEANS NIFTY IS UNLIKELY TO BREAK BELOW 4900 & NIFTY CONSOLIDATION AND STRENGTH SHOWN ON EVERY DIP WE CAN EXPECT 5500 ON THE UPPER SIDE.

IF RBI MAKES A HEAVY RATE HIKE THAT WILL MAKE SOME CORRECTION IN OUR MARKET AND GLOBAL SUPPORT WITH DRAWN THAT WILL ALSO CREATE SOME DISTURBANCE. BEST TOOL TO TACKLE THE JULY
"BUY ON EVERY DIPS NOT TO RUSH WAIT AND BUY" .

NIFTY 4900 LAST SUPPORT UNLIKELY TO BREAK
5100 LOT OF PUT WRITTEN IN THIS LEVEL SO WILL BE A STRONG SUPPORT
5200 PSYCHOLOGICAL LEVEL FOR NIFTY IN BULLS CONTROL
5300 MARKET BREATH STRONG
5400 MARKET LIKELY TO MAKE NEW HIGHS
5500 MARKET IN HIGH AFTER 20008

+VE'S :
G20 SUMMIT
QUARTERLY RESULTS
AMBANI BROTHERS
FII'S BUYING

-VE'S :
WORST INFLATION
RBI RATE HIKE
EUROPE & GLOBAL CRISIS IF ANY

YOUR'S LOVINGLY

PEARL KUMAR