1. Recap:Sail sell recommendation gave a profit of Rs 6/- and RNRL sell recommendation gave a profit of Rs 9.5/- per share sold as per the recommendation.
2. Indian Stock market Direction:Mkt has to close above Nifty 4800 else one may see Nifty 4400 levels. Do not day trade without stop loss. Preferably go on a holiday and take a break and let the market stabilise. Avoid blindly shorting as a technical bounce back can not be ruled out as suddenly fundamentals of Indian economy has not changed drastically.
3. Day Trading cum Delivery: Buy Ranbaxy>452.1,459,462,470 sl 447.8
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