Monday, January 21, 2008

Todays Broker recomendations

Long term support level based on monthly charts is placed at 17890 for SENSEX and 5275 for NIFTY. Medium term investors, with a 2-3 month time frame, can buy 20-25 per cent of the desired quantity on further declines. Speculative buying should be avoided 12:37 PM
Expect 7.5-8% recovery in the Indian Stock Markets from here...till 31 Jan 2008 RBI Credit Policy & Fed Rate Cut in U.S. may spurt up the markets again.
SENSEX SUPPORT AROUND 17500 FOR THE TIME BEING,,,,,,,,,,,,,,,,,, WHICH IS LIKELY TO HOLD1:31 PM

IF NIFTY CRASHES 5200 SUPPORT LEVEL THEN THERE IS NO SUPPORT TILL 4900-4600 LEVEL,,,,,,,,,,,,,,,,,,,,,,,, WATCH OUT


NIFTY HEADING FOR FREEZE,,,,,,,,,,,,,,,,,,,,,,,,, ANOTHER 50 POINTS TO GO,,,,,,,,,,,,,,,,,

FREEZE LEVEL INCREASED TO 15% ,,,,,,,,,,,,,,,,,,, WAH SEBI WAH,,,,,,,,,,,,,,,,,,,,,,2:52 PM

delivery buyer can try 50% now

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