After our last two trades on Tata Steel ( 650 to 675) and Hindalco ( 225 –232 ) the next in the bag is Sterlite Inds which has given a breakout above 174.
Also Mphasis recommended at 657 is nearing 675 tgt. ACC got a stop hit of 20 bucks.
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December 21, 2010
Hi Nooresh
Sometime back you had indicated that the market would raise above 20000 in the process of its consolidation and that it would face resistence at 20300 level. As you know today the market crossed 20000 level and do you think that we should try to reduce our longs from now onwards and start accumulating cash?
T R Natarajan
December 23, 2010
Hi TR,
Yes time to reduce till we dont cross 20300.
December 23, 2010
mphasis did ggood
December 23, 2010
Hi Prachit,
Yes it did :0)
January 4, 2011
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