Pages

07 October, 2008

TSUNAMI SELLING.......

Now the world is under severe pull back of money by FIIs.  It is the climax of the sub-prime crisis.  We can do just seeing than anything.  
Heavy F&O shorts buildup was continued further.  Dow in 4 digits.  Nikkei  also in 4 digits.  But our sensex will also be in 4 digits but a week time more???????.  Singapore nifty was traded at 3460-3500 yesterday/today.  Then what to do?  Our measures of RBI, SEBI may not help to stop tsunami.  Let us wait and watch for any buying of shares.  IN F & O if we hold puts OK.  Even in futures we can short today.  But check out on intra day basis.  If markets closes at Nifty 3400 or below ( 5 % or 10%) then we can try to buy 4800 below 20 for handsome gains.  ALL THE BEST. 

No comments:

Post a Comment