Market Guidance for 28th July 2006

Dear All

Much awaited F&O settlement has passed with positive tone yesterday.The us markets were marginally down & the asian markets are trading choppy. I feel the market could downside at any moment today. We can see the Nifty testing 3096.

But all senior analysts expressed bullishness for today.Be cautious and avoid overtrading.

Regards.,
Muthukumar.K