DEAR INVESTORS,
much awaited correction is going on but todays fall is very sharp.
it might take moretime before bounceback.
buying should be done very selectively where thee is mutual funds are buying.
WE MAY SEE MORE MARGIN CALL SELLING FROM BROKERS & BANKS TOO IN NEAR FUTURE.
but valuation of many stocks r very attractvie & bounce back may
also be sharp in few of such stocks.
LONG TERM INVESTORS SHOULD NOT WORRY & START BUYING GOOD STOCKS IN THIS
REACTIONS SLOWLY.
good thing is that many NFO funds & insurance link scheme are sitting with on huge cash which will support the market.
Ahmed
much awaited correction is going on but todays fall is very sharp.
it might take moretime before bounceback.
buying should be done very selectively where thee is mutual funds are buying.
WE MAY SEE MORE MARGIN CALL SELLING FROM BROKERS & BANKS TOO IN NEAR FUTURE.
but valuation of many stocks r very attractvie & bounce back may
also be sharp in few of such stocks.
LONG TERM INVESTORS SHOULD NOT WORRY & START BUYING GOOD STOCKS IN THIS
REACTIONS SLOWLY.
good thing is that many NFO funds & insurance link scheme are sitting with on huge cash which will support the market.
Ahmed