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@ RENJI

There is immediate support for Tata steel at 628 then at 612.These levels can be tasted due to the reduction in the steel prices.Going further with the market condition,being no exception to the over all downfall,the next support level is at 598.so i wud advice u to wait n then enter.Tata steel has good potential,it is also fairly valued.so my very short term target wud be abt 696.

@ Rajesh Joshi

U shud hv exited from any reality stock quite a long time back since this subprime crisis came to surface.DLF is the over all leader in the reality space n hs good expansion plans.but the market prices speak the other story.It has gone below its listing price.so one good thing is that there isnt much of downside left in this stock.At the max when the markets gonna fumble it can reach 302(+ or -10) and the max it can reach in the very near term bfre the fall(ie. when nifty is at 4450) is 455(+ or - 10)so my advice to u is clear,exit ur postions when it reaches the highest point.

Then either re-enter into it when the market falls else u can look for other companies like IT sector wch is looking extremely attractive esp aft the Dollar has again started gainin strength.