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Intraday calls for 03-07-2008

Posted on: July 3rd, 2008 at 9:32 am

Markets likely to open weak.
If markets show signs of recovery later during the day, buy Lanco infra and Archies.

Expected Market Overview:

The market may close lower after yesterday’s strong gains, with oil prices striking a fresh record high and weekness in global stocks. It is hoped that a political crisis over Indo-US nuclear deal may be avoided triggered a strong bounce-back yesterday, Yestersday the sensex touch a 3 month high.

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