Last week was very very bad and superb also for all world markets. In the early stage of las week, News of Lehman Brothers and Merrill Lynch has came out ….then the news of AIG……. Bank Of America had bought Merril Lynch.....more bad news had came out till thurday morning…..all world market was on blood bath….Even India too…….. We had lost almost 1500 pts…..and index had touched the low of 12558 and nifty future had touched the low of 3812 on Thursday morning in the opening trade. Then after the news of all central banks had agreed to come together boost all world markets and our FM had given the good statement about our all banks and AIG’s stake in TATA AIG act as boost to our market also. From lower level of 12558 it has touched a high of 14097 and nifty future from a low of 3812 ,touched a high of 4285.50.
We will advise you all to take profits of 25-30% whenever u r getting and stay well in cash. Buy at dips only and take profits at rise. If FII’s, HNI’s and Mutual Funds were keeping cash on hands, buying at dips and taking profits at higher levels then why we can’t ??? …… We advise all our dear investors like u that please be choosy with your hard earned money and be choosy to invest at right levels in right stocks……….. Wishing u all the best wishes to get good and profitable returns on your investments. May god gives u all the wealthy returns……..
If Index Crosses 14325 then It may touch 14663,14945…13674 May Act as Strong Support….
If Nifty Fut Crosses 4346,then 4418,4490,4526…4142 May Act As Strong Support…..
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