Sensex To 12000

[Ankit Jain]

Sensex will fall down to 12000 shortly as correction is going. With in 1 week it will touch to 12000.

 

[johnbest]

dear ankit

Sensex will fall down to 12000 shortly as correction is going. With in 1 week it will touch to 12000.

how?
do you have any connection with FIIs?

technically prove it here....using charts

have a nice day
JB

 

[swagat86]

dear ankit



how?
do you have any connection with FIIs?

technically prove it here....using charts

have a nice day
JB

50% retracement level from june to Jan high comes to 3415. one more thing historically markets seem to hav touched 38% and only then change its course. 3415 on nifty means below 12k.


Thanks

 

[Ankit Jain]

The correction in the domestic market was in line with expectation. In the last four years, the market has run a lot with the valuations remaining too high and overstretched. The PE stood at 18 times the FY08 earnings at 14,700 levels which was considered expensive. So a slide-down from that level was necessary and the market had to come down. Now the market is heading towards 11,500-12,000 level, where the PE will be 15 times FY08 earnings, which will be considered as fairly valued.

 

[milind857]

Sensex will fall down to 12000 shortly as correction is going. With in 1 week it will touch to 12000.

I am agree with u today was just correction around 11000 can be possible....