Dec 21, 2010

Premarket View - 21.12.2010

Fundamentally Inflation is going to be threatening menace and affect rosy economic forecasts...embed this scenario and view market action. Option reading index (+) 3.96 rise from last trading figure of (+) 1.82 indicative of selling continuing at higher levels...today figure is little abnormal hence discounting for abnormality, the real one may come around 1.08 which is down from yesterday indicative of buying. In all, it will be mixed with opening and closing session playing vital role...Volatility is reducing 



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