Wednesday, January 14, 2009
Sunday, January 11, 2009
Thursday, January 1, 2009
2009--GENEAL VIEW ABOUT THE MARKET
With sensex closing at 9647 ,nifty at 2959 atlast the unforgettable year 2008 ends in a bad note as many people lost there money and even commited sucicide. 2008 started of with the news of sub prime which trigged global meltdown of stocks,many banks failed in usa ,job loss data at all time high low, consumer spending again at all time low and then came auto sector bailout
With all this we are entering 2009 !!!!!!!!!! what can we expect?
2009 will be a year of uncertainty with obama as new us president things can't change overnight . new policy steps should be laid to protect people from loosing there job otherwise its very difficult to stop the already following economy
COming back to the " great indian story" market will be range bound between 9000 -13000 levels and my year end target will be 12750 for sensex ( its purely a guess) .it all depends on fii inflows once they start pumping in money things can change but the million dollar question is will they do ? in all sense it appears to be no as they face many problems in their own country . indian elections in may to decide the govt will set the market in a different space going nowhere
Its better to stay in cash and take calculated risk while the market falls when things like the following happens if the auto majors in usa does perform well even after the bailout package they will be asked to pay the loan back,terror strike is a global proplem with india- pakistan tension things might go out of hand if pakistan does not take any action, if there is no stable govt in the centre,job cuts,production cuts, shutting their plants etc
positive things will be the oil which after touching A RECORD high of $147 back to $40 levels may well settle in the range btw30-70$, real estate price coming down will result in middle class people buying their dream house in 2009 as many players in the segment have started developing houses in the range btw15-20lakhs
INVEST ONLY YOUR SURPLUS MONEY IN THE MARKET AND WAIT FOR MINIMUM 1-2YEARS FOR GOOD RETURNS. THERE WILL BE A BIG FIGHT BETWEEN BULLS Vs BEARS SO STAY OUT AND WATCH ALL THE ACTION
With all this we are entering 2009 !!!!!!!!!! what can we expect?
2009 will be a year of uncertainty with obama as new us president things can't change overnight . new policy steps should be laid to protect people from loosing there job otherwise its very difficult to stop the already following economy
COming back to the " great indian story" market will be range bound between 9000 -13000 levels and my year end target will be 12750 for sensex ( its purely a guess) .it all depends on fii inflows once they start pumping in money things can change but the million dollar question is will they do ? in all sense it appears to be no as they face many problems in their own country . indian elections in may to decide the govt will set the market in a different space going nowhere
Its better to stay in cash and take calculated risk while the market falls when things like the following happens if the auto majors in usa does perform well even after the bailout package they will be asked to pay the loan back,terror strike is a global proplem with india- pakistan tension things might go out of hand if pakistan does not take any action, if there is no stable govt in the centre,job cuts,production cuts, shutting their plants etc
positive things will be the oil which after touching A RECORD high of $147 back to $40 levels may well settle in the range btw30-70$, real estate price coming down will result in middle class people buying their dream house in 2009 as many players in the segment have started developing houses in the range btw15-20lakhs
INVEST ONLY YOUR SURPLUS MONEY IN THE MARKET AND WAIT FOR MINIMUM 1-2YEARS FOR GOOD RETURNS. THERE WILL BE A BIG FIGHT BETWEEN BULLS Vs BEARS SO STAY OUT AND WATCH ALL THE ACTION
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