Market are becoming GAMBLE day by day , once considered as the best investment for long tern is turned out to be the killer in recent times. In this erractic market no technicals & Fundamentals work . We lost nearly 11% on friday and are down almost 60% from years high.
US markets which were expected to touch LOWER CIRCUIT on friday managed well and closed down 4% and same with European markets which opened almost double digit low in percentage closed down between 4-6 %.
Asian markets are striving hard to find the way and bears are in no mood to listen , NIKKIE at one point of time traded above 200 points is now trading at 80 points up , Other indices are trading in red.
After heavy sell off on friday in Indian Markets, we may see some recovery today , we expect a gain of some where between 1.5-2% today
Members please aviod trading for some time , but it will be best oppurtunity to invest 50% of the cash for medium to long term gains.
The oppurtunity is once in life time as the stocks are available much cheaper than the book value , it will be best time for bargain hunting rather than trading .
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