BSE / NSE had a great fall reflecting mood of Asian emerging markets. Main reason was
The Thai central bank's currency controls of imposing 10% penalty on foreign funds for withdrawing funds out of country within 1 year.
.
But this measure of Thai central banks could not avoid blood bath in their markets, it ended
WORST IN LAST 16 YEARS.
Nifty’s high – 3931.90 low – 3783.45 close – 3832
Resistance & Support for 20/12/06:-
R - 3852.80, 3921.75, 3949.
S- 3828.15, 3777.30, 3744.10
Do not panic and use this opportunity to accumulate good scrips at every new fall.
SB & T International Ltd, [low volumes] targets 43.90, 45.
Unichem Laboratories, targets 279, 282, 287.
Entertainment Network India, targets 267, 270.
NB: - Avoid the stock having same open & high rate. For entry level / stop loss
refer pivot point calculator.
The Thai central bank's currency controls of imposing 10% penalty on foreign funds for withdrawing funds out of country within 1 year.
.
But this measure of Thai central banks could not avoid blood bath in their markets, it ended
WORST IN LAST 16 YEARS.
Nifty’s high – 3931.90 low – 3783.45 close – 3832
Resistance & Support for 20/12/06:-
R - 3852.80, 3921.75, 3949.
S- 3828.15, 3777.30, 3744.10
Do not panic and use this opportunity to accumulate good scrips at every new fall.
SB & T International Ltd, [low volumes] targets 43.90, 45.
Unichem Laboratories, targets 279, 282, 287.
Entertainment Network India, targets 267, 270.
NB: - Avoid the stock having same open & high rate. For entry level / stop loss
refer pivot point calculator.
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