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Saturday, 18 August 2007
Market View 20 August, 2007
MARKETS BOUNCES BUT WILL THIS SUSTAIN
THE MARKETS AROUND THE WORLD HAVE BOUNCED FROM THE LOWER LEVELS. TALKING ABOUT INDIAN MARKETS THE MARKETS ALMOST FELL BY 2000 ODD POINTS FROM THE RECENT PEAK OF 15800 ON SENSEX.
THE MARKETS ON FRIDAY 17 AUGUST, 2007 MADE A LOW BELOW 13800 LVLS FOR SENSEX & BOUNCED SHARPLY BY MORE THEN 400 POINTS RECOVERY ON THE BROUSES MANAGING TO CLOSE ABOVE 14100 LVLS & FOR NIFTY CLOSE ABV 4100 LVLS.
YESTERDAY IN OUR CALLS WE HAD CLEARLY MENTIONED THAT THERE ARE 101% CHANCES ABOUT MARKETS TO BOUNCE FROM LOWER LEVELS. AND ALMOST THE SAME HAPPENED. THIS IS ALSO SUPPORTED BY THE WORLD MARKETS AS YESTERDAY THE FED HAD DISCOUNTED THE INTEREST RATES TO 5.75% , A DISCOUNT OF 50 BPS. THE FED HAD TO TAKE THIS ACTION ON ACCOUNT OF THE SUBPRIME EFFECT THE COUNTRY IS FACING.
SO ON MONDAY WE EXPECT THAT THE INDIAN MARKETS SHOULD ALSO BOUNCE FROM THE LOWER LEVELS BY MORE THEN 300 POINTS GAP UP OPENING ON SENSEX.
YESTERDAY WE ADVISED TO BUY THE FOLLOWING THINGS TO BUY :
RELIANCE PACK
ENGG STOCKS : LNT, ABB ETC.....
BANKING STOCKS : SBI, ICICI ETC.....
IT STOCKS : INFOSYS, TCS, TECH MAHINDRA ETC.....
ONE CAN SEE THT HOW ALL THESE STOCKS BOUNCED FROM THE BOTTOM ALONG WITH THE MARKETS BUT HERE PEOPLE ASK ME THT WE CANT BUY AT THE BOTTOM & CANT SELL AT THE BOTTOM. WE WOULD LIKE TO TELL THEM THT THIS IS THE FACT THT WE CAN BUY & SELL AT BOTTOMS & TOPS RESPECTIVELY. BUT IF ONE WHO FOLLOWS OUR RECOMENDATIONS & WHO ARE OUR CLIENTS MANAGED TO BUY CLOSE TO THE BOTTOM & YESTERDAY AFTER BUYING CLIENTS HAVE MANAGED TO MAKE AROUND 2% PROFITS YESTERDAY ITSELF IN LARGE CAP STOCKS.
NOW IN THIS KIND OF MARKETS THERE IS ALWAYS A KIND OF CONCERN NOW WILL MARKETS TEST 15000 & THEN NEW HIGHS AGAIN, BUT ACCORDING TO US THIS IS A VERY TOUGH QUESTION TO ANSWER AS THE US ECOMONY HAVE MANY PROBS INTERNALLY WHICH WE WILL COME TO KNOW A VERY LATER STAGE SO WE WOULD NOT TO BUY ANYTHING NOW FOR LONGTERM AS TRADING WOULD BE BETTER IN THESE KIND OF VOLATILE MARKETS.
USE RALLIES TO BOOK PROFITS & PUT UP IN LIQUID FUNDS.
IF ANY ONE OF U OR UR FRIENDS HAVE ANY QUERY OR IF ANYONE IS STUCK IN ANY STOCK / STOCKS & NEEDS OUR HELP THEN FEEL FREE TO CALL US / SEND SMS OR SEND EMAILS AS WE WOULD LIKE TO HELP PEOPLE TO COME OUT OF THIS KIND OF TRAP.
GOOD TIME AHEAD, MANY GOD BLESS ALL.
AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post
https://x.com/cnbctv18live/status/1870100490643747026?s=52 By: ۞ A X i T D S H A H ۞ via AlliesFinServe #StockMarket #Bharat Telegram.me/Al...
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