Market Forecast for 27.06.07
Market witnessed a consolidation yesterday before the start of further upmove. today, the market will be highly volatile due to the expiry of F & O contracts tommorrow. Market have given a good buying pattern since last few days and upper targets of 4355+ are very near..
Today, market will open flat or positive attached with high volatility and mixed bias and remain long above 4280 with SL 4265 for a tgt of 4302-4324. If it breaks and sustain below 4275 keep short with SL 4289 for tgt 4254-4231. Be careful with the positions. it's still not safe to take fresh longs at higher levels now..Also, it can be noted that stock specific manipulation is going on in the market and be careful not to get trapped in such stocks.Please adopt wait, watch, trade and exit policy....