Market response to New York Meltdown

By CROW -
India market is bleeding due to New York finance crisis. AIG got support from FED to stop finance market meltdown. AIG have plans to sell there asset to add liquid cash flow. September 25th 2008 AIG is going "LET GO" more than 1000 employees and consultants.
Asian Market is surely going to show negative impact bringing BULL to standstill.
Nifty has to maintain above the level of 3939 to show some strength and on upside it has to cross above 4075 level for trend to remain intact. In case any rally will be seen will be a bear rally. Use trailing stop to protect profit.


Buy Cairn>210.1,212.9,217 sl 207.9
Buy BOI>284.1,292,297 sl 279.8

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