Tip for Sept 24th 2008

If Nifty breaks 4114 then Nifty can fall till the level of 4049 and if this level is also broken than one may see it touching 4000 levels.Global meltdown is taking its toll on India and it is presently is in a cyclical slowdown, however not to worry as long term structural story is intact.

Sell Axis bank<677.8,673,661 sl 682
Buy BANK of India>284.1,289,295 sl 279.8

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