Lehman Bros : Impact to Asian Market

By CROW -
Market Recap :
Financial Market is going thru rough patch. Lehman Bros shares were traded at $0.15 cents as financial firm filed Bankruptcy under chapter 11. This gives clear indication on Indian Financial firms will have to give litmus test very soon.
European and Asian Market will open in RED and along with Financial Market, Power, Agriculture, Bank, shipping will be impacted.

Oil per Barrel was traded around $93 which is lowest as of last 7 months. This gives clear indication as Rupee bull march will continue and will hover around $45 to $44

Buy for Sept 16th 2008 :

Buy Hind petro>240.5,242.9,246,250 sl 236
Buy Suzlon>217.1,229,234 sl 214
Sell Reliance<1867.8,1840,1800>

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