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Market Sept 05 , 2008

By Abhishek on 7:48 PM

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Market Today -  Crashed

Today , Indian Market fall inline with other Asian and US market ,,  market reacted bitterly on  the fall of the US market on last night.  Asian market also added fuel on this fall ,, they were also trading on sideways on the weak clues from US market.  Most of the asian market closed on lower side on the day ,  this proves a weak sentiment is going on the retail and institutional investor...  on global economy.

Today , NSE Nifty closed it shop @ 4,352.3 down about 95.45 points or 2.15% lower from previous close. While the benchmark index BSE Sensex ended the day @ down of 415.27 points, or 2.79% at 14,483.83.   

Sectorial

All sectorial index closed on lower side except the FMCG index.. Heavyweight ,, ITC and HUL both closed in green despite of this carnage..  they were also in the top gainer of the SENSEX bothe were up by 0.2% and 1.8% .  Realty and IT index were the  top on the lossing side..  facing only southward direction..   Biggest losser on today trade  was  HDFC & Ranbaxy both were down 5.8% and 8.8% respectively.  

Asian Market closing 

  Exchange        Last                 Change          Exchange      Last           Change 
  Nikkei            12212.23         -345.43         NZX 50       3336.17        -11.96 
  Sensex           14483.83         -415.27         TSEC         6307.28       -105.35 
  Hang Seng     19933.27         -456.20         Nifty           4352.30        -95.45
 Shanghai         2202.44           -74.96         Jakarta       2022.56       -52.67 
 Straits            2574.21            -51.84 


Paid service is started again. Those who are intrested please registred ur name by calling 9333142627



Arbitrage Opportunitie NSE >>>> BSE 

No , call on Arbitrage.. as  mkt fall soo much...  

Call Performance....  

Buy Petronet @ 62 sl 61.05 tgt 63 - 64.5 - Not Executed as it open below sl price 

Buy Nitin Fire @ 318 sl 314 tgt 326  - made high of Rs340 , we made sucessful trade @ 430 

Short AXIS Bank @ 736 sl 750 tgt 720 - 706 - made a low of 684.05 and finally closed @ 687.25 ... Star of today trade down abt -6.39% on closing....  

Calls to Paid Subscriber 

  • Short Nifty @ 4370 sl 4400 tgt 4350 - 4325 - Exited at 4348 levels 
  • Buy Nifty @ 4345 sl 4320 tgt 4365 - 4380 - All target acheived although adviced to exit @ 4370 partially
  • Short ICICI Bank @ 695.35 sl 701 target 688 - recomended to exit @ 694 .. rate to rate.
  •  Buy Aban @ 2270 sl 2230 tgt 2300 - adviced to exit @ 2390 levl , made high of 2324 . 



Paid calls profit  - Rs 2350 / lot on Nifty and Re1.35 / share on ICICI Bank and Rs 20 / share on Aban

Free call profit -  profit of Rs14 on Nitin fire , Rs 32 on Axis Bank..  

We can give exact figure of profit , as we dunt know ur trading capital , risk management or ur risk abilty ,, so we are giving u profit in terms of  profit / share. which can be vary from case - to - case.. 

Important News for Sept 05 , 2008

  •  NSG metting outcome...  will give a clear cut picture on Monday Opening..
  • US market Friday Closing..... will also give a signal on monday opening..

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