UPSIDE MOVEMENT CONTINUES

yesterday night US markets went down around 200 points,because of that only our indian stock market is also down in the opening time.In the morning Bombay Stock Exchange(BSE)sensex went down upto 331 points. Afternoon onwards market start increasing and went up by 363 points(18070). National Stock Exchange index Nifty raised by 101.10 points at 5,303.10 with all the index-linked stocks moving up.Buying activity picked up after reports that inflation rate has declined to 4.07 per cent for the week ended on February 2 against 4.11 per cent in the previous week, mainly due to fall in prices of some food items, jet fuel, and select manufactured goods.Then PM manmohan singh told that government will take proper steps to appreciate indian rupee value.

FURTHER FALL IN SENSEX

Already SENSEX down around 800 points and fall in sensex will continue,so one should be very careful. it will continue upto 2 more weeks.you can see an volatality in indian bullish market.At the same time one can start buying fresh positions tomorrow(18-12-2007) onwards.After three weeks only you can see an big rally in the indian stock market.volatality is good for experianced day traders. one can sell part of their position's during the opening session and he should cover it duing the closing session.but while doing this we should be very careful,keep on watching the market will help to trade in volatile indian stock market.

Monday market may crash

tomorrow(monday) market may crash.you can see a further fall in SENSEX In coming week most of the FII's will sell their whole position's. we should be very careful.try to book profit as soon as possible. the reason is very simple. coming weekend itself FII's will not buy any stocks due to their big festival X'MAS and New year are lined up. so in this coming week they will sell their holding's.after 2 weeks i.e around Jan 3rd onwards you can see a big rally in market. Don't take heavy position's. Try to take minimum position.and also if you are getting good amount of profit try to sell the stocks. Becareful in this indian bullish market. you just thing yourself.


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