Daily News Letter 9-4-2008
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This publication has been prepared solely for information purpose and does not constitute an offer or a solicitation to any person to buy or sell a security. While the information contained therein has been obtained from sources believed to be reliable, investors are advised to satisfy themselves before making any investments. I do not bear any responsibility for the authentication of the information contained in the post & consequently,are not liable for any decisions taken based on the same. Further, My reports only provide information updates and analysis.
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NIFTY: Prev, Close: 4,709.65 Resistance@ 4760,4785, 4810 Supports @ 4670, 4640, 4620 Final TGT 4810+ (Intraday – Resistance 1 2 3 4 and considered as TGT 1,2,3 and 4 )
NIFTY Futures: Prev, Close: 4694.85
Buy Nifty Fut with sl 4670 for starting and add @ every declines with Sl below 4660 or short below 4660 sl 4675
Market Outlook: Markets are expected to open flat to positive or might with gap up, sideways movement will continue but closing will firm for this week. Today we are going to witness mad bull run so just tighten
Stock to Watch out: Our BTST of yesterday Nifty, REL, RELCAP , REL and Bank of
Market Rumors / Strategy: People are still talking about more and more downside and its result season. Companies results are going to be out performing again. Infosys Results is the key and market will take U turn plus FM is looking forward to help industrialist on result of their slow down. I m not at all expcting CRR hike as I already told on last Friday. Enjoy the stock available at discounted rate.
Important: Don’t ask everyone what is market outlook and everyone will make u confuse. Trust one person and just follow him. Let the Dogs Bark why we want to listen to them.
Stupid Logic : DIIS are buying in huge and FIIS are covering short, Indicates strength in markets. Well if there is little bull run people are scared and will book profits at every rise. Some great fellows short at every rise. If u believe my logic worst part is over and we are going to blast at unexpected rate towards previous high. People will continue to say 4200 3800 and 2700, they are just misguiding you as they are trapped in their shorts or they don’t want to earn. Simple Shut down our Television sets or listen to some light music better then hearing CNBC NDTV PROFIT and ZEE BUSINESS. Remember one thing they are here to make money, if they can guide you to the perfection then only u will earn.
Kindly wait for First 5 – 10 mins before buying or selling anything
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Disclaimer : Trade -Profit has taken due care and caution in compilation of data for its members. Information has been obtained by the company from sources which it considers reliable. We might not hold any positions in above stocks in Cash/ Derivatives. However, Trade-Profit does not guarantee the accuracy, adequacy or completeness of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information. Trade-Profit especially states that it has no financial liability whatsoever to any user on account of the use of information provided on its News Letter or website. You are responsible for your own investment decisions. Trade-Profit will not be responsible for any errors or omissions in articles or postings, for hyperlinks embedded in messages, or for any results obtained from the use of such information.
