Though the world markets have fallen by 1-2%, Indian Markets have started with a sop-gap of 05% which is a good indication of maturing market.
However, I believe profit booking will take place and hence it will be better to sell the futures.
Tip: Sell Nifty futures at 3728 with a stop loss of 3752 and buyback at 3672.
Note: As of 10.15 A.M., nifty futures is trading at 3700
Friday, May 8, 2009
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6 comments:
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