<b><i> About market i am feeling that we are almost at bottom. bottom may be in range 8200-8600.
Reasons.
1. crude oil is at 60s.
2. all commodities crashed
3. Inflation topout.
4. IIP bottomed out will be good few Quater .
5. GDP may sustain at 8 (FM statement).
6. Election near future Government will definatly try to recover from the crises
7. US is also near bottom.
8. Market moves ahead of fundamentals.
9. FII's are expected to stop sell (they will be in loss below 8000).
10. Rs. is expected to be peek out will see it becomes stronger from here. then we will see FII's money in the market (because they will get huge profit because of Rupees apreciation )
Ahmed
Reasons.
1. crude oil is at 60s.
2. all commodities crashed
3. Inflation topout.
4. IIP bottomed out will be good few Quater .
5. GDP may sustain at 8 (FM statement).
6. Election near future Government will definatly try to recover from the crises
7. US is also near bottom.
8. Market moves ahead of fundamentals.
9. FII's are expected to stop sell (they will be in loss below 8000).
10. Rs. is expected to be peek out will see it becomes stronger from here. then we will see FII's money in the market (because they will get huge profit because of Rupees apreciation )
Ahmed