Sensex lost 181 points

Thebullishtrends : Market declined in second day with a loss of 181 points and closed at 19079. The market breadth was negative today, but improved in closing session. European markets were opened after the Indian markets have shown mixed trend where as Asian markets were also closed with mixed gains. Yesterday US markets closed with huge loss due to fears about recession in the economy. 1242 stocks advanced, 1623 stocks were declined and remain 27 stocks were unchanged.

Thebullishtrends recommended GMR Infra (Rec:) closed today at Rs.232 share price recovered after it has seen lower level of Rs.220 yesterday.due to the market breadth is low so this scrip has fallen, but it will have strong support at Rs.240.

Thebullishtrends recommended IDFC (Rec:201) closed today at Rs.213, in intraday trading the share price has touched Rs.219 but it has not sustained at this price has fallen to Rs.213 in the closing session. IDFC is fundamentally strong at Rs.213, one can enter at this level.

Thebullishtrends recommended Delton Cables (Rec:190) share price closed today at Rs.205,after our recommendation of this scrip, share price at Rs.190 share price zoomed to Rs.200 yesterday and Rs.205 today. But our target of this scrip is Rs.250 Hold it.