Trend line Broken for SEL Which it was respecting for almost 1 year. The fall has been huge and backed by volumes. This stock is now in serious Bear grip.

IIP SHOWS CLEAR SIGNS OF A SLOWDOWN

Economic growth Index of Industrial Production for June 2008 fell to 5.4% as against 8.9% in June 2007. But month-on-month, the growth has bettered from 4.1% recorded in May 2008.Manufacturing sector was the main gravitational pull, the main culprit pulling down the IIP growth. Manufacturing which accounts for two-thirds of the IIP fell down dramatically … Read more

Update on Calls Given

India Cement call not initiated.If people have shorted that should have made good money.Day’s High was 165.50 just rs 1 below the call and end result closed at 156.5. Guys go short if the call is not initiated on Buy side. Rel infra was down 0.5% only closed at 1095. Keep on booking profits 4300 … Read more