WE HAVE BEEN MAINTAINING BEARISH VIEW SINCE 5000 LEVELS & SEE NOW WHERE ARE WE STANDNING AT!!!!!
Nifty has strong support at 4551 ( closing basis ). Below 4450-4420 level we may see a panic all around selling & this may take Nifty upto 4200 level. So avoid bottom-fishing as of now. Be hedged with lowest available puts. We will tell you when to start buying. AND PLEASE AVOID RUMOURS OF ALL SORTS & TRADE SENSIBLY.
After US mkt tumbled , whole Asian mkt has opened deeep red.
No pre-market calls.
June 09, 2008
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