Friday, June 27, 2008

Market may crash

Yesterday I wrote that "I believe these gains would not be held in July. So please do not make any medium term purchases today". Today all international markets are down. Nifty expected to tank atleast 3 per cent. If Reliance goes down substantially then the downside risk is still higher.
Traders can sell near term calls or buy puts. Don't go long in cash
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Posted By R John Christy at 9:31 AM Labels:

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