“The situation way forward is quite uncertain. The RBI will take appropriate action as and when required,” Subbarao told reporters after a meeting of the bank’s governing board.
Source - US markets ended negative after a volatile secession. A report says US to see four quarter of nasty recession. Bank of America to cut about 35,000 jobs.
BSE Sensex: (9645) the market and profit booking came in and bounced from our supports and closing marginally lower… the trend is still intact and looks like the 10000 mark is within reach…
Buy ITC above 172 SL 169 Target 176-182
Buy CAIRN above 154 SL 147 Target 163-170
Buy RELCAP above 493 SL 482 Target 512-523
Sell PFC below 123 SL 129 Target 119-116-113
Sell IDFC below 64 SL 67 Target 60-57
Sell NTPC below 166 SL 170 Target 162-160-158
Always remember, put SL in your every trade.
Strictly follow Above and Below price, then follow strictly SL
