जयदीप : ०६.१०। २००८
The market has seen a constant bull run for last three weeks. BSE and NSE is certainly very low as it have touched almost 2 years lowest mark. BSE is floating below 12K. The chances are that the Sensex and Nifty would touch even lower mark. Last week there was some improvement seen because of the SEBI’s policy restricting FIIs to pullout bulk amount from market.
Those who have bought shares on 13K – 14K Sensex range, can possible pullout their investment if there are any spikes in the market in coming 2 -3 months। But as far as the market trend looks like it can easily touch 10k to 9K points which would be an ideal condition for investment. But it is advisable for all the investors to watch and invest as the money can easily get trapped for 1- 2 years. For long term investors there is no reason for panic.
Those who have bought shares on 13K – 14K Sensex range, can possible pullout their investment if there are any spikes in the market in coming 2 -3 months। But as far as the market trend looks like it can easily touch 10k to 9K points which would be an ideal condition for investment. But it is advisable for all the investors to watch and invest as the money can easily get trapped for 1- 2 years. For long term investors there is no reason for panic.
DISCLAIMER: The author is just trying to make his own observation; this is not meant as a suggestion. Read but decide using your own brain
1 comment:
But how can you be so sure about the market?
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