Monday, December 6, 2010

To Be or Not To Be












Dear Investor,

The story continues..

Today markets opened with a big bang, but at the end of the day lost all the ground…….

It has become very difficult to guess the direction of the Nifty. Nifty is moving in a tight range 5960 – 6060. It is in a BATTLE FIELD between bulls and bears.

It is difficult to predict the winner, till that time ‘Wait and Watch’

Markets could not hold the gains. Mid-cap index ultimately plunged in red and there were losers from Banks, Realty, and Infrastructure. Except Metals, all the sectors were in downtrend by big or small margin. It is better to remain on the sidelines till a decisive trend emerges, either ‘UP or DOWN’ till that time ‘Protect your Capital’

Better not to make fresh commitments.

Just watch the show. No calls for tomorrow

Thanks, 
Vasant Bele. 

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