==>> Run for your shorts

The fed said in a statement in Washington that it plans to make upto $200 bn available through weekly auctions.This is the most significant step the Ded has taken so far. This step indicate that the Fed is increasingly concerned about the investor exodus from mortgage debt, which threatens to deepen the housing constraction and the economic slowdown. World markets have surged 2-3%, on back of this steps.

Y'day i have clearly informed that our mkts will see some good rally even though the worlds markets are in Red. Our markets opened in red but in the early hours we saw some good short covering, and as mentioned that the Nifty can easily go upto 4950-5000 levels. There is good resistance at 5000 levels. We may see some fresh shorts at those levels.

Rural Eletrification Co. Ltd Listing on Wednesday. Strategy good. Grey market premium 15-20Rs.

Nifty support is the same. Resistance at 4950-5000.

BUY Rpl, Shivaani oil, Gss america above 555, Sesagoa, IRB, Bgr Energy.