FOR THE DAY (31 Aug 2009)


Domestic markets are likely to open on weak note following the negative Asian indices.

Traders are advised to stay long above 4650 else from lower levels of 4620 levels with a final stop loss placed below 4600 levels.

Investors are advised to remain cautious and play levels specific as higher levels may continue to witness profit taking.

Hence, maintain a buy at dips strategy until the mentioned supports are held.

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