Wednesday, August 28, 2013

MY VIEW ON MARKETS TODAY - 28-08-2013


Markets will be opening in negative zone with a   gap of  125-150  Points on Sensex . Markets
witness weak trend  through out the day  on account of  Big collapse in American, Europe and
Asian Markets due to Syrian threats and for our Markets, the Rupee is the regular threat ,hitting
new life time lows and making the economy shivering . Broking houses will use their surveillance
properly  for their survival now and adding fuel to the fire.  Markets will be highly volatile as  usual .
Markets  will be closing with misery on account of derivative contracts expiry celebrations. 

I advise every trader to place stop loss for every executed trade in both cash and derivatives
Segment – Murty Garimella