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23 October, 2008

FALL CONTINUES..

Yesterday's markets shows that a renewed selling around the globe.  Dow(n) continues today too.  We will be further - 5% today and touch nifty 2900. No specific boost from FII meeting with SEBI.  If any one wants to play to downside that is only considering the settlement pressures. Trade by intraday charts only.  If you feel anything dead cheep in call rates go for calls at throw away prices to test the luck. In my view NIFTY 2600 -2500 will be a range for more time to markets.
I want to trade to long today from 2900 to 3000 nifty only.

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