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
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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