Indian stock market prediction for the week May 17-21,2010

Indian stock markets may continue to be volatile, perhaps more so. However it may rise/bounceback at start of week. Short positions cnabe built by mid week ( tue-wed) for a possibly strong correction towards end of week

Hence buy  if market opens with corrections and hold till at most wednesday. Sell or buy/accumulate  put options by tuesday-wednesday when market may reach weekly high point

 

Buying/selling levels may be recommended once trade.

 opens

 

Usual risk/responsibility discalimer applies
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