Tuesday, January 27, 2009

Sell Out and wait

House View: The market has been going down steadily. It has come down from 10,200 levels to about 8600.We believe that there is bound to be a 250-350 point rally at this point, before the market resumes its slide. We suggest to sellout what is giving profit and wait for the market to fall futher. A level of 7,600 -7,800 is visible in next 7-10 days
Disclosures: No personal holdings
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