Tuesday, February 24, 2009

25/02/09 mkt view

So finally weakess shown with SBIN gone below 1000....this is the main villian for the market....still but ongc and reliance holding the market firm...

Only one scripe which still hold the high nod is the HERO HONDA..one should think of selling this it with strict stop loss of 920 with tgt something like 850/860....

as long as nifty hold 2680 level no need of heavy panic in the market....let us see now who will fuel the martke...we may also see high volatility ahead of the fo expiry and budget both coming together....

Better trade with strict stoploss on both the side and stay safe rather than go wild in the market...


DISCLIAMER- ITS GOOD TO ASSUME THAT I FOLLOW MY VIEW COMPLETELY

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