WHAT A DAY

WOW, is the word, roller coaster ride up/down the whole day , with the day going in favour of bulls in the end.. wait & watch for another day or so for any confirmation that this will be held..Looks like still every rise the funds are selling.... as at top of the day today even the selling was hard and severe..though halted at the low of yesterday..lets look at technicals in a day or so and trade with the trend for the next day or so ..right now the range is 3050-3250..any break either way should be at least 200 points..take care ..cheers..

SAMVAT TRADING

Last Diwali on Samvat trading the markets closed lower, nifty app.100 if i remember..this happened after many years & Many stalwarts wrote that this is not a good sign and the year ahead is going to be very tough. How right were they .... We are reaching another Samvat trading in a weeks time.. ..Is it time to look ahead, i think it is time now for people sitting on cash, to start picking up quality stocks which have weathered this huge deluge of selling well as they will be the ones who will bounce the hardest..Despite huge bearish outlook i feel the time is ripe for at least 50% investment ( this money may be locked for 6-12 months ).Take ur call, if Warren Buffet feels investors should come back, who are we to question that..Asia meanwhile is trading mix..Cheers..