Tuesday, November 18, 2008

19/11/2008 mkt view

First of all,those holding idfc short dont worry hold with sl of 63 target 54 is there.....tomorrow for some better que market needs to close above 2820. so we may see some fresh momentum but tomorrow IT scripes look weak at high so it may not help market to sustain at this level... i recommend just to have wait and watch policy if you play by shorting only.Tomorrow i will have close eye on TTML thinking to short it if it does not trade above 21 tomorrow.

I personally dont think to buy aggressively tomorrwo other than nifty with strict stop loss of 2650 it may go upto 2900 it give closing above 2820 at the EOD...

Today also marvlous day in shorting rpower and idfc

YOUR COMMENTS/QUERIES ARE WELCOME.
DISCLAIMER- I HAVE COVER MY SHORT WITH IDFC AND RPOWER.OTHER EXPRESSED VIEWS ARE MY PERSONAL, CHECK AT YOUR END BEFORE TRADING

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