FINALLY INDIAN ECONOMY HAS BEEN STARTED DE-RATED BY FITCH RATINGS. ITS'S IMPORTANT TO NOTE THAT THIS WAS VERY MUCH EXPECTED AS RBI HAS CONTINUOUSLY HIKED THE INTEREST RATES SINCE LAST YEAR AND NOW ITS EFFECTS COULD BE SEEN. ALSO, RISING INFLATION, SHRINKING CORPORATE MARGINS, FALL IN THE VALUE OF RUPEE IN TERMS OF DOLLAR, NO MAJOR POLICY ANNOUNCEMENT BY GOVERNMENT, POLITICAL CHAOS AND APATHETIC ATTITUDE OF THE GOVERNMENT, GLOBAL SLOW DOWN, NEAR TERM VISIBILITY OF RECESSION IN EUROPE AND AMERICA, SOVEREIGN DEFAULT IN MANY EUROPEAN COUNTRIES ARE THE MAIN ISSUES AND CAUSE OF CONCERN TO THE INVESTORS.
DO U EXPECT INDIAN MARKETS TO HOST A FLAG ??????
DO U THINK THAT EVERY THING WILL BE ALL RIGHT BY NEXT FEW DAYS???
WILL FIIs START PUMPING MONEY AS THEY STILL BELIEVE IN INDIA GROWTH STORY, WHERE THE SITUATION IS DETERIORATING GRADUALLY AND GOVERNMENT IS IN HIBERNATION?
IF YOU ASK THESE QUESTION "With an open Mind", YOU WILL GET ONLY ONE ASNWER---- "NO I DON'T THINK THAT INDIAN MARKETS WILL OUT PERFORM OR GO TO MAKE NEW TOP IN NEAR FUTURE"
HOWEVER YOU MUST CONSIDER THE OTHER SIDE OF THE COIN ALSO. .....
AS THE STOCK MARKET ANTICIPATES THE OUTLOOK OF NEXT TWO QUARTERS, THE GLOBAL & DOMESTIC HEADWINDS WILL CERTAINLY BEHIND US AND ON EVERY PASSING DAY, WE ARE PRICING AND DIGESTING THE NEGATIVITY OF THE POOR MACRO FACTORS.
HENCE INDIAN MARKETS, OR EVEN THE GLOBAL MARKETS MAY MAKE BOTTOM ( AT LEAST INTERIM ) AND PAUSE TO CONSOLIDATE BEFORE GIVING THE FRESH BREAKOUT OR BREAK DOWN.
TO ME IT SEEMS THAT WE ARE APPROACHING TOWARDS THE END PART OF FALL IN MARKETS STARTED AFTER DEEPAVALI LAST YEAR IN THE WEEK OF NOVEMBER, 2010.
MAY BE ANYWHERE AROUND 4650-4500 OR EVEN 4700 MAY BE THE INTERIM BASE OF THE MARKET. FRANKLY SPEAKING I DON'T BELIEVE 4300-4000-3800-3500 ON NIFTY. THIS IS ALL TECHNICAL NEWS AND NO FUNDAMENTALS HAVE BEEN TO THIS. UNTILL AND UNLESS THERE IS SOME THING VERY VERY GRAVE AND POOR , LIKE FAILURE OF ANY EUROPEAN COUNTRIES, CHAOTIC POLITICAL INSTABILITY MASSIVE GLOBAL RISK AVERSION, NIFTY IS NOT LIKELY TO GO MUCH BELOW 4650-4700.
HENCE THE WISDOM SAYS THAT START BUYING NOW IF YOU GET THE DIP. THE BUYING MUST BE DONE ONLY FOR HOLDING AT LEAST 4-6-10 MONTHS, AND NOT FOR 15-25 DAYS OR SHORT TERM. ONE CAN CHOOSE THE QUALITY STOCKS FROM THE LIST MENTIONED SEVERAL TIMES OR WHAT EVER YOUR WISH LIST.
ITS VERY IMPORTANT TO NOTE THAT THERE COULD BE OR PROBABLY, LAST CUT OR DIP IN MARKET IN NEAR FUTURE AND AS SOON AS THE GLOBAL FACTORS APPROACH VISIBLE STABILITY, THERE WOULD BE SHARP BOUNCE BACK TO 5400-5600!!!!!!!!!!!!!!!!!!!
THOSE WHO STILL WAIT FOR LOWER AND LOWER MARKET AND MORE CHEAP RATES MIGHT NOT GET OPPORTUNITY.
IF THE BULLS HAVE HARD LUCK, FEW MORE MONTHS OF STRUGGLE COULD BE SEEN , HOWEVER IT SEEMS THAT DAYS OF PAIN ARE VERY SHORT NOW.
THIS IS THE CHANGE IN MY VIEW, FROM LAST POSTING, BUT I DON'T DENY THAT THERE WILL BE NO BAD EVENTS IN INDIA. THERE COULD BE MUCH MUCH PROBLEMS, BUT MARKET WILL START ANTICIPATING FOR NEXT SIX MONTHS (AFTER 2ND QUARTER'S RESULTS STARTING 10TH/12TH OCT) AND THIS WILL BE THE KEY.
IT SEEMS THAT MARKETS MAY FORM INTERIM BASE AROUND 10TH-14TH OCT OR AROUND 20TH-24TH OCT.
HENCE BUY AND HOLD
FOR TODAY & NEXT FEW SESSIONS: ONE SHOULD BUY CALLS IF YOU GET 4750-4700 IN NIFTY. THERE WILL BE BOUNCE BACK TO 4880-4950-5000 LEVELS. BUY NIFTY CALLs ( CE4800 & CE4900) ON DIP OR GAP DOWN OPENING.
ASTROLOGICALLY: INDIAN MARKETS HAVE BEEN RESPONDING TO THE SYSTEM WHICH I FOLLOW IN ASHTAKVARGA. 3RD AND 4TH OCTOBER HAS TO BE POOR AND NEGATIVE BUT U.S WILL BOUNCE BACK, WHICH SHALL SEE SHARP BOUNCE IN INDIAN MARKETS TOO. HENCE 5TH, 6TH OR 7TH COULD SEE UP SIDE.
KINDLY NOTE THAT THERE ARE 30% CHANCE THAT I MAY GO WRONG IN ASTROLOGICAL ANALYSIS AND OVERALL MARKET VIEW, HENCE USE YOUR OWN WISDOM AND APPLY YOUR OWN STRATEGY.
Safe Harbor Statement:
Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.Nothing in this article is, or should be construed as, investment advice.
Disclaimer:
This is neither an offer nor a solicitation to purchase or sell securities. The information and views contained on this blog are believed to be reliable, but no responsibility (or liability) is accepted for errors of fact or opinion. Writers and contributors may be trading in, or have positions in the securities mentioned in their articles. Neither I (Vikas Srivastava) nor any of the contributors accepts any liability arising out of use of the above information/article. Reproduction in whole or in part without written permission is prohibited.
DO U EXPECT INDIAN MARKETS TO HOST A FLAG ??????
DO U THINK THAT EVERY THING WILL BE ALL RIGHT BY NEXT FEW DAYS???
WILL FIIs START PUMPING MONEY AS THEY STILL BELIEVE IN INDIA GROWTH STORY, WHERE THE SITUATION IS DETERIORATING GRADUALLY AND GOVERNMENT IS IN HIBERNATION?
IF YOU ASK THESE QUESTION "With an open Mind", YOU WILL GET ONLY ONE ASNWER---- "NO I DON'T THINK THAT INDIAN MARKETS WILL OUT PERFORM OR GO TO MAKE NEW TOP IN NEAR FUTURE"
HOWEVER YOU MUST CONSIDER THE OTHER SIDE OF THE COIN ALSO. .....
AS THE STOCK MARKET ANTICIPATES THE OUTLOOK OF NEXT TWO QUARTERS, THE GLOBAL & DOMESTIC HEADWINDS WILL CERTAINLY BEHIND US AND ON EVERY PASSING DAY, WE ARE PRICING AND DIGESTING THE NEGATIVITY OF THE POOR MACRO FACTORS.
HENCE INDIAN MARKETS, OR EVEN THE GLOBAL MARKETS MAY MAKE BOTTOM ( AT LEAST INTERIM ) AND PAUSE TO CONSOLIDATE BEFORE GIVING THE FRESH BREAKOUT OR BREAK DOWN.
TO ME IT SEEMS THAT WE ARE APPROACHING TOWARDS THE END PART OF FALL IN MARKETS STARTED AFTER DEEPAVALI LAST YEAR IN THE WEEK OF NOVEMBER, 2010.
MAY BE ANYWHERE AROUND 4650-4500 OR EVEN 4700 MAY BE THE INTERIM BASE OF THE MARKET. FRANKLY SPEAKING I DON'T BELIEVE 4300-4000-3800-3500 ON NIFTY. THIS IS ALL TECHNICAL NEWS AND NO FUNDAMENTALS HAVE BEEN TO THIS. UNTILL AND UNLESS THERE IS SOME THING VERY VERY GRAVE AND POOR , LIKE FAILURE OF ANY EUROPEAN COUNTRIES, CHAOTIC POLITICAL INSTABILITY MASSIVE GLOBAL RISK AVERSION, NIFTY IS NOT LIKELY TO GO MUCH BELOW 4650-4700.
HENCE THE WISDOM SAYS THAT START BUYING NOW IF YOU GET THE DIP. THE BUYING MUST BE DONE ONLY FOR HOLDING AT LEAST 4-6-10 MONTHS, AND NOT FOR 15-25 DAYS OR SHORT TERM. ONE CAN CHOOSE THE QUALITY STOCKS FROM THE LIST MENTIONED SEVERAL TIMES OR WHAT EVER YOUR WISH LIST.
ITS VERY IMPORTANT TO NOTE THAT THERE COULD BE OR PROBABLY, LAST CUT OR DIP IN MARKET IN NEAR FUTURE AND AS SOON AS THE GLOBAL FACTORS APPROACH VISIBLE STABILITY, THERE WOULD BE SHARP BOUNCE BACK TO 5400-5600!!!!!!!!!!!!!!!!!!!
THOSE WHO STILL WAIT FOR LOWER AND LOWER MARKET AND MORE CHEAP RATES MIGHT NOT GET OPPORTUNITY.
IF THE BULLS HAVE HARD LUCK, FEW MORE MONTHS OF STRUGGLE COULD BE SEEN , HOWEVER IT SEEMS THAT DAYS OF PAIN ARE VERY SHORT NOW.
THIS IS THE CHANGE IN MY VIEW, FROM LAST POSTING, BUT I DON'T DENY THAT THERE WILL BE NO BAD EVENTS IN INDIA. THERE COULD BE MUCH MUCH PROBLEMS, BUT MARKET WILL START ANTICIPATING FOR NEXT SIX MONTHS (AFTER 2ND QUARTER'S RESULTS STARTING 10TH/12TH OCT) AND THIS WILL BE THE KEY.
IT SEEMS THAT MARKETS MAY FORM INTERIM BASE AROUND 10TH-14TH OCT OR AROUND 20TH-24TH OCT.
HENCE BUY AND HOLD
FOR TODAY & NEXT FEW SESSIONS: ONE SHOULD BUY CALLS IF YOU GET 4750-4700 IN NIFTY. THERE WILL BE BOUNCE BACK TO 4880-4950-5000 LEVELS. BUY NIFTY CALLs ( CE4800 & CE4900) ON DIP OR GAP DOWN OPENING.
ASTROLOGICALLY: INDIAN MARKETS HAVE BEEN RESPONDING TO THE SYSTEM WHICH I FOLLOW IN ASHTAKVARGA. 3RD AND 4TH OCTOBER HAS TO BE POOR AND NEGATIVE BUT U.S WILL BOUNCE BACK, WHICH SHALL SEE SHARP BOUNCE IN INDIAN MARKETS TOO. HENCE 5TH, 6TH OR 7TH COULD SEE UP SIDE.
KINDLY NOTE THAT THERE ARE 30% CHANCE THAT I MAY GO WRONG IN ASTROLOGICAL ANALYSIS AND OVERALL MARKET VIEW, HENCE USE YOUR OWN WISDOM AND APPLY YOUR OWN STRATEGY.
Safe Harbor Statement:
Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.Nothing in this article is, or should be construed as, investment advice.
Disclaimer:
This is neither an offer nor a solicitation to purchase or sell securities. The information and views contained on this blog are believed to be reliable, but no responsibility (or liability) is accepted for errors of fact or opinion. Writers and contributors may be trading in, or have positions in the securities mentioned in their articles. Neither I (Vikas Srivastava) nor any of the contributors accepts any liability arising out of use of the above information/article. Reproduction in whole or in part without written permission is prohibited.
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