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1.Stock market:Market is down because of real estate and hosusing loan crisis associated with US markets.If technical recovery do not occur tomorrow despite US FED positive 0.50 Fed rate action,we may be heading for 3900 levels.
2.Avoid day trading till the tr4end is clear.
3.Cash is king and if cash is available buy good blue chips like Satyam Computers,Mindtree,Nitin fire,HDIL.But be ready to wait atleast for 3 months.
4.Utilise downtrend to shop for good scrips and ofcourse use stoploss.Keep an eye on Infosys and buy it if it crosses 1900 and stays their above 1900 for 5 minutes else do not buy it for day trading and use profit booking technique.
5.A short post as internet server is down.
6.Day Trading : Sell Renuka Sugars<486.95,483,4788,473 Sl 492.Carefully trade and trade only if market is trading downwards.
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