20 October 2007

SENSEX TECHNICAL SUPPORT



As we wrote yesterday the sensex support is
around 17150 for short term and stop loss buy
orders at around 2% upmove could be considered
around this level. At this level about 40% invest 
may be safe.  The stop loss sell order after 
purchase would be around 16850.
The natural fall out of the P-notes controls
is arrest in falling Rupee and even appreciation
of Rupee. The benefit of stable Rupee would
have beneficial effect on the IT, PHARMA and
export industry. For benefit of readers we have
included our TOP IT PICKS in the TOP
MOMENTUM STOCKS list.
The Top Momentum Stocks section has now
been moved below the Chatbox because we
have introduced a POLL section at the top.
Please do cast your votes.

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