FRIDAY 22 AUG 2008

The inflation rose to 12.63 (prev.12.44) on expected lines. So, its factored in already.
There are mixed cues from world markets, but fundamentally slowing down of economies is certain. This is what happens when banks dole out money to every tom dick and harry!

We have entered into neutral phase in the medium term.
Technically on sensex14000 to 13700 (nifty 4200 to 4100) remain support zone.
In the short term booking of profits is suggested on every rise.