Calamities are of two kinds: misfortunes to ourselves, and good fortune to others. - Ambrose Beirce.
For our market calamities is beacause of misfortunes to ourselves. We knows that blindly follower of global indices drag our market to lower level in last financial year but on fundamnetal base our economy is driven by lacal demand supply chain. So we are get some cover from global slow down and the last quarter result indicate the same way.
Results of Wipro,Reliance Industries Ltd., RPL, Idea are the positive ques for today and asian indices trade mixed is bad sign for today's trade. As we are on Higher level and facing the resistance at 3500 I advised to make profit booking at all rise.
Happy trading day ahead!!!!!!!
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Msrket View 24/04/2009
Posted by : The King on
Thursday, April 23, 2009
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Labels:
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Market Strategy,
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NSE
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