Aug 17, 2008

Short term market outlook (17-08-2008)

Absolutely the same was happened as I expected in the previous march month call. This is the time to review the call.
Now, some negative factors turning to be positive for markets and some of the points not changed. Markets are factored in all the bad news (which I have predicted on march08). So, from here we will see some good news like (consolidation of crude, inflation and interest rates;) and some bad news (like shrinking of margins, upcoming elections, Low FII inflows etc,). So in my view from here markets will have both good news and bad news. So, markets are range-bounded between 3800-4800 and best way to trade is ‘Buy on every dip’. It is time to reconstruct your portfolio and acquire good stocks in your bag.


(Previous call on short term market outlook: http://stockstowin.blogspot.com/search/label/market%20news)

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