I am writing this post with more than 6 hours to go for the opening bell. With all the bad news came from international markets it might be another tough day for the sensex. A gap-down opening around 300-450 points might be possible. Every dip is a buying opportunity as all is not lost. Market had seen the dips before and recovered quite a few times and this time too let's hope for the best.
Saturday, March 8, 2008
It’s been a long gap since my last post. As I had predicted in my previous post Sensex had touched the coveted 20,000 mark on Monday. But now it’s March 2008 quite a different story.
With all the hypes and when everybody is saying about making tons of money from capital market it seems that after January 2008 crash our capital market marketing is heading towards its bottom. It might not a surprise if we can touch below May 2006 levels. The only positive thing is all the front line stocks are available very cheap as per the valuations, so I should say that we should take this an opportunity for buying for the long term instead of panic selling which everyone seems to be doing these days.
Saturday, October 27, 2007
After going through much needed correction over the p-note issue sensex seems to be heading towards a new high. After successfully closing above 19k mark on Friday it seems that sensex would touch a new milestone i.e., 20,000 mark anytime next week.