Buy in dips and book profit at sharp rise

>> Friday, July 18, 2008

Technical analyst, Vishwas Agarwal said, As a result of further drop in crude prices global market is somewhat relieved. Whereas in India, market is in over sold zone due to that some sectors jumped but still confidence motion on nuke deal is pending. So market will remain volatile.``

Due to announcement of corporate quarterly results, confidence motion and credit policy, there will be high volatility in market, he said.

Agarwal recommended investors to buy in dips and book profit at sharp rise.

Disclaimer: These recommendations are on a technical basis and myiris.com and the technical analyst are not responsible for any losses suffered. The analyst has no open positions in the above-recommended stocks. Such reports shall only be taken as a source of information.

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