Intra day prediction for March 17,2008

Sensex down over 547 points at 10.15 am. Sensex is expected to continue bounceback before plunging again and bouncing back (temporarily) toward of end of day

Stratgy1: Short index once it recovers another 300 points or so from its present level .Use stop loss

disclaimer: all risk to be borne by trader/investor

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