Indian markets seems to be more resilient when compared to the world markets. Today most of the world markets are down by 2-5%. From today's low of 3324 it bounced back to 3370 ( NSE as of 12.15).
However, Indian Markets may be waiting for the European Markets to start and by end of today the Markets may go down by 3%.
Tip: Short Sell PNB at Rs.483 with a stoploss of Rs.487.30 and a target of Rs. 468-464.
Tuesday, April 21, 2009
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Note: At the time I have giventhe tip( 12.15)PNB was trading at at 483-485 and now (14.30) PNB is at Rs. 466.
This is my first tip on the blog and if any one of you have followed it, a handsome profit would have been in your hands by now!!
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