market today

Market liely to open with positive due to sharp decline during last few days and sensex below 16000 levels so we have sen support arounfd 4800 level on nifty.
Stock specific activity likel to seen in banking and metal sector ,hot favourite stock like idfc,jswsteel and state bank of india ,we seen some short covering occured in these stock if idfc cross level 120 where jsw seeing support around 600 level as it cross 660 it may go to 700 level in 3-4 trading session .
fresh trader advised to book profit at each 5 % rise in stocks.
eurozone likely to be in crisis deeply and more pain ahead long term investor wait for 4500 levels in nifty thereafter fresh buying may come partially and investment in large cap stock gave more then 20 % profit in one year senerio.

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