What Now? September 19, 2006
Posted by Bhavin in Stock Articles.trackback
Some more bad news to follow which wont be disclosed. Even for tomorrow would advice all the investor specially short term traders to keep tight S.L. and then only trade. Today many people have lost huge ammount due to the undiscplinary actions. However my target of 12500 remains intact. All the bulls(Though I am Nor Bullish Nor Bearish Myself.) will talk about cheap valuations and encourage you to buy, but my recommendation at this point of time is “One wont mind buying 2/= ruppes higher if he can sell Rs.10/= higher rather to buy Rs.2/= lower and sell same thing Rs.10/= lower”. So remain invested if you haven’t liquidated or wait for some time and let the dust clear.
Scary ???
although i have no long positions in the market but there will a recovery of sorts in nifty,tomorrow, somewhere after the noon