Yes my friend...I know that you are saying out of concern for me...but I was waiting for this type of situation and I have bought just 25 % of my total funds I want to deploy in this fall...so no worries.
For traders of course no long positions till the trend changes....traders have got to be short...
7946 spot was the bottom tip of my trendline on weekly chart. I myself was expecting for sharp upswing from there and squared off my 7900 PEs. Instead it went down 100 points. But then 100 points on weekly chart are nothing. Let us see whether it comes back to test 7950.
The guys that come on TV have a job to do. Their job is to paint rosy picture of the market so they can have more retail bakras in the net. How else can they sell their services? let us ignore them for good.
Today is a nice day to book some profits in short positions and hold on to remaining ones to see if we dip lower tomorrow. At the moment Nifty looking like its all set to break 7800 by EOD.
The guys that come on TV have a job to do. Their job is to paint rosy picture of the market so they can have more retail bakras in the net. How else can they sell their services? let us ignore them for good.
Today is a nice day to book some profits in short positions and hold on to remaining ones to see if we dip lower tomorrow. At the moment Nifty looking like its all set to break 7800 by EOD.
If somebody wants to invest in Tax saving ELSS mutual funds, today or next 2-3 days are great opportunities.... Axis Long Term fund and Reliance Tax Saver are the best in this catagory.
If somebody wants to invest in Tax saving ELSS mutual funds, today or next 2-3 days are great opportunities.... Axis Long Term fund and Reliance Tax Saver are the best in this catagory.
Many said the same for 7900 Market will do what it has to and wants to. Anything is possible. Think we are about 30 points away from 7800. Lets see if we can make a dash to it.
I buy all the funds through online purchase mode. I am registered for online investments with all the fund houses where I invest. They are Reliance ,Axis,Franklin Templeton, Motilal Oswal,HDFC,Birla Sunlife etc...all of them have online investment facilities. If you go through some portal, then brokerage will be charged to you...so go directly through fund houses.