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#73 (permalink)

26th June 2008, 09:39 PM

sujandesai sujandesai is offline

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Short covering rally continues...........

Today was a volitile day . It was a roller coaster ride, after opening firm Nifty traded in arange of 42230 and 4290 and in the last hour of trade some short covering saw Nifty closing above 4300. Market completed ignored the weak opening of European market. The discount in July series indicates there are still huge shorts in the system.It seems bear will not let go of their grip easily. RIL had a decent gain with very high volume and this coupled with last hour surge in IT stocks saw Nifty closing above 4300. Fertiliuzers stocks also surged up on account of declaration of new policy by the Goverment.

Tomorrow is again an eventful day because of coming out of data on Inflation figures.And these figures may decide the next course of action.

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Your Intraday/Short Calls

Intraday Calls/Short Term Calls By Our Members NOTE: PLEASE CHECK THE DATE OF CALLS CAREFULLY. LATEST CALLS ARE FOUND ON THE LAST PAGE. Calls made in this section are entirely by our boarders.

Intraday Calls/Short Term Calls By Our Members
NOTE: PLEASE CHECK THE DATE OF CALLS CAREFULLY. LATEST CALLS ARE FOUND ON THE LAST PAGE. Calls made in this section are entirely by our boarders.