Confusion

CONFUSION…….MORE CONFUSION …..More AND More……

Dear Investor,

Today, BANK/REAL ESTATE  scam jammed the market, though as compared to the turnover of Indian Banks the scam (Bribing to the authorities for loan sanctioning, advances forwarding against highly leveraged balance shits) is not big. But, as written in one of the articles, this market wants a reason to get ‘CORRECTED’. Though in Indian context valuations are fair there is very low retail participation in present market; all across the border. Today’s incidence indicates that market is responding to any thing and everything in a strange manner making Traders, Investors, Analysts and every one confused and more confused.

As stated in last article, market has not given signals for upward moments. On the contrary, market has not only tested but broken (Intra Day) previous low (5867), to test 5834 indicating that the market participants are nervous and do not want to carry forward long positions. One has to note that Nifty is forming lower lows on day to day basis and market volatility has increased to great extent. Market has to have side ways movements for few trading sessions so as to stabilize the trend - either upward or downward. There are more chances that market will break in downward direction in near future, as it is forming lower lows and testing lower levels in every intra day fall. So, best way is to watch’ MAUT KA KUVA’ of stock markets from gallery and enjoy.

So by giving buy or sell calls ‘I DO NOT WANT TO ADD TO YOUR CONFUSION’

Today’s thought:

 In such situations,

“Even though you have ordinary intelligence, what you need is the temperament to control the urges that get other people into trouble."

If at all you have irresistible desire to make investments, do it in small lot at every fall in stocks which you have marked and which you were unable to buy when their valuations were high.

For the time being pray God that 5820 (Nifty) remains intact or Sensex does not break 19380.

DISCLAIMER: I may go wrong totally in predicting markets. Invest with care and with your own perception.