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On a globa cue if anything does not come up with certain resolution, market will see lower side than what we had in Dec 2011. Re weakning and exit of Greece from crisis turning out a nightmare. This will have direct impact on Indian market where FII flew away after our FM came up with GAAR. South East Asia market are weak but compare to India FII prefer it so they may remain intact and incur lower loss. As technically there no sign of any relief in near future, the companies who does have strong internal consumption may turn up good, like FMCG and Pharma. It would be nice for those who are yet to invest and are ready to take effective advantage of downtrend. Chinese economy slow down will bring up rakeless dissaster. Overall market will remain under pressure and such small rallies will not stay longer. As govt is more keen on focusing 2014 parliment election and lure the voters, industriwise news may not turn up well. So FY 13 is groeth figues remains under shadow and there is no chance until realastic basis measure have taken to resolve gloabal issue. ...
Person learned in past, follow in present, versatile Learning of present will lead to future and " it will be an amusing lead-in to a very serious matters." ...mds...
Dear Sir,
My pleasure. Always wellcome with Regards. ...mds...
4 years of market consolidation seems to be coming to an end..Well, it is difficult to predict the exact bottom, markets have almost reached the bottom..In any case, lows of yester year forms an excellent base on the downside..
Investors trying to figure out the exact bottom are at risk of losing an excellent investment opportunity as nobody knows when there will be a surprise and sudden `U` turn in markets..
regards...
Dear firstchoiceipo Ji,
my sincere congratulations to "BOD."
Pl.keep it up For the benifit of co-investors.
Thanks with Regards. ...mds...
I think the indices will go in the negative in the near future. My target for december this year is -10000....
Dear Prj,
With all due respect to your technical analysis, I feel that we are close to the bottom for many of the stocks.
Many of the stocks are already at panic bottoms and trading at 2-3 PE and I feel that they should bottom out around these levels.
If one were to totally depend on technicals then no one would have bought at 8000 levels on the sensex in 2008-2009 as technicals then pointed to a level of 6000.
...
