Friday, February 8, 2008

Overview.

Markets this week were very weak because of global cues. We had recommended this earlier last week that markets will go down before it starts its bullish run again. Mondays is gona be crucial day for many eager investors who invested their so called lifetime super savings in Reliance Power IPO, from villagers to urban people. Next week there can be quite a few up and down trends. downtrend looks more. According to me sensex may see another 1000 odd points down fall movement in the next whole week. It all depends on the global markets. I advice lower puntar stocks, small & mid caps. If you trade trade only in A group shares. Scrips to look in this coming week are NTPC, R Com, RPL, SBI, BOB, TISCO, L&T. Buy Ispat Ind if it goes bellow 39.45 dont miss this golden chance.
My serious advice to the day trader is not to be greedy and book profits at regular intervals.
Every one wants to be warren buffet but no one wants to take risk is what I can say.
PS.:-R Power listing on 11 can make all the power scrips bullish.
Vinod Jethmalani.
vinodjethmalani@gmail.com

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