Hi Kartik/ cb
How are banking stocks looking now ..pl? Is this a good time to enter reliance banking fund ..may I kindly know pl?

Also is it a good idea to switch from reliance natural resource fund to reliance small cap fund ..?
..have a good day tomorrow...
Again, Thanks ever so much .

Massive Insider Trading Investigation Could Nail Wall Street's Biggest Names
The government is reportedly close to filing charges in the largest institutional insider-trading investigation in history[from yahoo finance]

LONDON (Reuters) - The new Basel III banking rules will leave the biggest U.S. banks short of between $100 billion and $150 billion in equity capital, with 90 per cent of the shortfall concentrated in the top six banks, the Financial Times said, citing research from Barclays Capital. The newspaper said the study by the investment banking arm of Barclays Plc (LSE:BARC.L - News) assumes the banks will need to hold top quality capital equal to 8 percent of their total assets -- a one point cushion against falling below the effective global minimum of 7 percent set in September by the Basel Committee on Banking Supervision. The regulations mean banks may need to increase their capital through retained earnings or issuing equity or they can cut their risk-weighted assets by selling off assets and cutting back riskier business.
The government may have bailed out the nation's biggest banks, but now the courts will sort out who gets stuck with mortgage losses. Banks could lose more than $100 billion.

HOW CAN I EARN THROW OPTION TRADING

how about orbit corporation......can it bounce back tommorow

Hi CB How about sicagen for long term perspective ? Entry band and target for medium term?

Hi Ganesh, it faces strong support at 700, if it manages to give a bounce from current levels, you may enter it for Short term

Hi rayan, ICICI Nov, can see 1190 tomorrow, keep a trailing SL at 1170 for it, hold ICICI Dec future for some more time

Hi Santosham, it seems to trade expensive at CMP, wait for a dip in it, enter around 24

Hi raju, it looks weak, avoid it

Hi rohit, hold it for 1-2 days time

Hi Gitanjali, GE, thanks for the updates, Banks might take a pause ahead, since they have rallied a lot in the past few months, yes, you may switch for Natural Fund to Small cap, it looks good

Hi Pikaso, dont make fresh longs in Futures yet, since Markets have been very volatile lately, it would be better if you invest in Cash for Short term

Thanks for Sicagen query, how about Unitech @cmp? Also I m holding GUJNRE @70 since long, should i avg it now or do you see more downfall?