Thursday, April 23, 2009

24/04/09 mkt view

As discussed now market trader would like to buy market at lower then sell at high...but it looks like that test for this short term market is only upto 3500 level...

to get stretched market recovery it may happen that market give once again range bound movement with 3300/3500 level and in third phase it may give the clear direction....

for tomorrwo some of the level

sell bank of india with strict stop loss 263....
sell ongc with strict stoploss 880.......stop loss is strict once stop loss triggered to quesion to stretch our loss furtehr....

our gmr infra stop loss hit at 111 and today infosys at 1400....better follow strict stop loss

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

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