Stock Market Tips for 28-Apr-06

April 28th, 2006 by Analyst

Yesterday SEBI had barred 24 key operators from stock market and 12 DPs have been barred to open fresh demat accounts.
This news shall have a temporary effect on the markets, markets are expected to fall today, but this will be temporary as actually the news is positive for markets for SEBI seems to have taken stringent action against the culprit of the IPO scam. If the market falls sharply, take it as an opportunity for buying stocks at lower levels.

Short sell Indiabulls Financial Services at 9.55 am at the opening bell, it will surely give you 30-40 rupees profit per share as India bull has been barred from markets, it will have a negative impact on the stock and yesterday it had rallied to close at 311.

Posted in Daily Tips, News Analysis |

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