A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
What’s got thisย Sensex so excited that it surged 50% from 8000 to 12000 in two months !? Earnings ? Elections ?…..what’s so exciting ? Nana Chudasama’s Banner on Marine Drive in Mumbaiย states ” EXCITING ELECTIONS…SURPRISES,SHOCKS,SUICIDES”…….Surely you don’t find Suicides excitingย !ย Barelyย had the Fifth and Finalย Phase of Polling closed yesterday,several Exit Polls came out fast….predictably predicting […]
EXIT POLLS…EXIT MARKETS ? Read More ยป
While the ‘King of Good Times’ย bounces around in South Africa with his Cheerleaders cheering his ‘Royal Challengers’ in the IPL,his Kingfisher Airlines Cheques are bouncing here in India as the Airline faces more severe Royal Challenges that surely should beย of a higher Priority Have a look at the Times of India’s Mumbai Editionย this morning…The’ve got
On September 27,2008,seven months ago the Sensex was 13000 and I had put up a contrarion blog https://www.gauravblog.com/?tag=contrarion-investment-strategy I had said the Sensex is moving towards a Distress Zone and will break below 10000 to provide a great opportunity to build wealth over the coming years…so one should bring in Fresh funds to top up
Sensex and Nifty up 50% in Six Months !…Where to now ! Read More ยป
Don’t Short this Market ! Fundamentals and Valuations are being shrugged of by Increasing Liquidity and Inflows…This momentum is driving the Nifty and Sensex to new recent highs Two Leading Broking Houses have literally overnight turned very bullish and talk of a Sensex range of 12500 to 14500 in the near term Maybe they know
Don’t Short this Market !..you’re up against Momentum driven by Liquidity Read More ยป
So the Sensex surged,ten days consecutively,ย to 11284 yesterday, and then quickly corrected sharply down to 10947,down 337 points today…It was just above 8000 in early March,a little over a month ago What do you make of it ! ? Two camps here : The First Camp is Bullish and ย talks of a Bull run happening…We’re
Can the Sensex be at 15000 even if the Dow drops to 5000 ! ? That’s a decoupled View Read More ยป
Sensex has climbed above it’s 200 DMA Levels and is currently 11200,pushing upwards…Nifty too is at 3450 levels Caution is advised…We’re now at 13 times…Elections are on us and the mandate is unclear…Infosys has just announced lower earnings expected for FY 10…Satyam legal hassles begin playing up in June with the Upaid Trial….India’s Fiscal Deficit
Sensex at 11200 ! Risk to Continue Riding the Momentum is High…Caution Indicated Read More ยป