Tag: Sensex prediction

  • Markets Rally to 19,000 – Base weak

    Markets Rally to 19,000 – Base weak

    Everyone is so happy with the bull run now that the benchmark index has touch the magic figure of 19,000. Having such a run fills up the euphoria among investors who would willingly put more and more money in the markets at this point.

    Whats more important to note is that markets are at the peak now and there is no fixed high or low. If you have tanked profits today and enough to your expectations, this is the right time to exit.

    A correction is overdue sometime soon however wont be a big fall. A lot of good news in the market will surely come but this rally is driven by the liquidity in the market. That means a lot of people are having some money to be used and they are using it now. The stocks will be pushed up further for a few days, some even touching 52 weeks high but be cautious.

    Don’t start investments in the market now. Even buying MFs at this point of time is senseless. In two words, if you are new to market: STAY AWAY.

  • Sensex may plunge further: April 2010

    Sensex may plunge further: April 2010

    Sensex may take a plunge by the end of April following cues from the International Markets.

    Trade and other services were recently hit by the Airspace closure in Europe and it has affected many businesses as much as the travellers alike. Add to that the Goldman Sachs fraud will only come more clear this weekend which can lead to much needed correction in the market.

    Activity in the market will increase by May and expect good returns.

  • Sensex prediction: August and September 2009

    Sensex prediction: August and September 2009

    After an unintended performance and scare rain falls you ofcourse can’t expect a blockbuster from markets. But the story lies elsewhere. With some of the economies around the world recovering a wee little bit, expect a slight jump in FII investment. After the reports that the tax heaven Cayman islands based hedge funds may get an easier entry to trade in India, things may just slightly pull up from here. Expect a pull back to 15,500 levels in the initial period how ever the end result will be around a sub 15k levels as it is today. The ideal level to trade at would be 14,600 if the present market continues its downward rally. Place some risks in auto sector, pharma and infrastructre. There may pay off by a small profit if exits are possible at 15k levels.