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Thursday, June 26, 2008

Market Updates

Was Trying to take out time to write since two days but could not, we can cover all our puts, Don't be too much greedy 150 price Put now giving Rs 440 G8 man what can you ask more for, ppl thinking of getting 15-20% this is like more than 200% ....... i need to do more analysis before posting my next market call for now my suggestion is if your are in deep profit cover your positions fully and put very close stop losses for further positions... feels like we can take a stop near4000 levels as this would be a mentally tough to cross toward down side and market will take a breather around this position but still don't wan to suggest any buying for now ...once i am very sure about any call i will put forward my thoughts.

OPEC President given statement of Crude oil Hitting $170 in near future. so no relief expected.

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