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Thursday, 20 June 2013
NERVOUSNESS HAS A POINT...
The markets are right now in severe bear grip as the world sell off is coupled with domestic problems.
The markets saw a serious sell off due to the tapering of the QE support from FED.
The fact is that the US markets and the economy is doing good so will be the markets in future.
This is a KNEE JERK reaction to a statement which was inbuilt in the system for quite some time.
The markets tend to react for these kind of a situations but the deep pockets make a bottom fishing
to garner large chunks of quantities of QUALITY STOCKS.
I have mentioned earlier when the BUDGET presentation is over,
we can seriously expect LOW cuts in major stocks.
The HIGH cuts registered in many quality stocks but the other just participated for a better OFF-LOAD.The Indian markets like other Asian Markets strongly depend on the developed markets.
We will do well in future but the other local problems like CAD and Rupee
Depreciation needs to be sorted out.
The regular/senior market participants might have remembered that the small and
medium companies 4- years back gone for an extent to file cases against the BANKS for mis-selling the PRODUCTS when first RUPEE depreciated steeply to 57 level.
Now Rupee may stabilize around 57 +- two rupees for next 2 years.
The markets saw a serious sell off due to the tapering of the QE support from FED.
The fact is that the US markets and the economy is doing good so will be the markets in future.
This is a KNEE JERK reaction to a statement which was inbuilt in the system for quite some time.
The markets tend to react for these kind of a situations but the deep pockets make a bottom fishing
to garner large chunks of quantities of QUALITY STOCKS.
I have mentioned earlier when the BUDGET presentation is over,
we can seriously expect LOW cuts in major stocks.
The HIGH cuts registered in many quality stocks but the other just participated for a better OFF-LOAD.The Indian markets like other Asian Markets strongly depend on the developed markets.
We will do well in future but the other local problems like CAD and Rupee
Depreciation needs to be sorted out.
The regular/senior market participants might have remembered that the small and
medium companies 4- years back gone for an extent to file cases against the BANKS for mis-selling the PRODUCTS when first RUPEE depreciated steeply to 57 level.
Now Rupee may stabilize around 57 +- two rupees for next 2 years.
The short time situation is quite favourable to BEARS especially those who shorted in BANK stocks.
The RBI may cut rate cut in JULY-13. The bottom level buying in these stocks arround these level can offer decent returns over next one year. The INVESTMENT cycle in INDIA has damped due to RBI cautious approach.
The approach is due to fear and the INFLATION concerns.
This is approach is going to change in coming weeks.
The RBI may cut rate cut in JULY-13. The bottom level buying in these stocks arround these level can offer decent returns over next one year. The INVESTMENT cycle in INDIA has damped due to RBI cautious approach.
The approach is due to fear and the INFLATION concerns.
This is approach is going to change in coming weeks.
We can expect news about AMBUJA cement,or news related to
CEMENT industry is building.
CEMENT industry is building.
As we speak the numbers, the Nifty has very good support at 5500 level provided
Reliance stays above 763 level. The banking stocks surged with rate cut anticipation
and they doomed but the other stocks like Bharati, RCOM, IDEA, RIL, Dr Reddy,
SUN, LUPIN, CIPLA, Maruti, AmbujaCement and Cairn shall not fall below 3% of their current levels
Reliance stays above 763 level. The banking stocks surged with rate cut anticipation
and they doomed but the other stocks like Bharati, RCOM, IDEA, RIL, Dr Reddy,
SUN, LUPIN, CIPLA, Maruti, AmbujaCement and Cairn shall not fall below 3% of their current levels
1 comment:
Guruji,
Please post all the market news in Stocks doctor blog or atleast provide the link. Thank You..
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