Date : March 26, 2008

Dalal Street : Famine Or Feast

IT'S either famine or feast on Dalal Street these days. A rally in world markets, and back home Retail and Institutional Investors, fired up benchmark indices by over 6% on Tuesday.

Sensex in last 3 months has shown a large volatility. It has shown Rise and Fall. We have seen both Buying and selling at both of these Levels in these last Three months. Whenever sensex fallen down we saw Huge Buying and whenever it went up we saw profit booking. Sensex has shown upper levels and also particular Lower levels.

Following are the Levels of the Sensex in Last Three Months :

Date	Sensex Level	Movement
18-Dec-07	19,009	----------
10-Jan-08	21206	300 UP
22-Jan-08	16729	4477 DOWN
4-Feb-08	18895	2166 UP
11-Feb-08	16457	2438 DOWN
19-Feb-08	18300	1843 UP
18-Mar-08	14600	3700 Down
25-Mar-08	16262	1662 UP

The sensex Lost 4477 points in just 12 trading sessions on 22nd JAN, Fallen from 21200 levels to 16720. Then again in just about 15 days it gain 2100 points, then again Loss of 2400, gain of 1800 and so on. This has been the story of Sensex in last 3 months.


Hence, we recommend you to Book Profit at every High Levels and Buy on every Deep.


Thanks and Regards,
PMS Dept.