Wednesday, April 2, 2008

Free Indian Stock Tips

1. BSE, NSE i.e. Indian Share Market Update: I am optimistic by nature and thus knows that Indian stock market will bounce back with vengeance though it may take some time as these days Indian stock market has stepped out of its local shoes and has worn the hat of a global stock market and thus it is not isolated from global melt downs.

2. Sensex Last Level: One need not worry as chances of Sensex 13299 level being breached are remote and one is likely to see a bottom in present month or at best in month of May. I know a number of stock traders are trapped in Futures and options and are in the process of rolling over but they will still have to wait as market is yet not bottomed and a fall to the tune of 10-20 percent still exists. This is the only reason that I request the readers not to enter the Fututes market till one is adequately stocked with cash.

3. Cash is King: Thus one at times may have to sit in a side and be with cash and so is the strategy in present scenario where cash is the king however one can undertake cherry picking in fundamental stocks as these stocks have to rise and the same have been listed in one of my other blgs where people can have look and thus decide their course of the action.

4. Free Intraday Trading Tip:

Buy Orchid Chemical>173.5,180,185,200 sl 168.5

5. Warning:Do not hurry up to enter the stock as one has to be patient while dealing with such type of stock market where the down side risk still exists. Protect your profit by following the stock with trailing stop loss.

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