WEDNESDAY 10SEP 2008

There is no change in our outlook.
Trade according to the levels given in yesterday's update here below; and also the Weekly Index Outlook.
We still remain positive unless markets dip below 4200. Negativity sets in below 4100.
12 sessions remain for the September series. So, F&O traders may initiate longs in October series, if opportunity arises.
It would also be naive to say that things would turn out to be very positive and markets would cross the hurdles soon. It is a cautious optimism, as they say!