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Re: Todays Buy Levels
Any descent Fall gives us an oppurtunity.
We get paralysed & distracted by 'All Dooms Day Ahead' projection,there will be now plethora of new Threads educating us Yen / $ ,congress govt collapse ,even Pak attack,plz brush aside all these.Mkts fall & Mkt rises after each fall,that is historicaly proved.Tell me if Infy was a good Buy at 2300 then why not at 1900 (ok the $ / Rs ).We will have to work more with our tools for selection of buys,work overtime getting all the perspective of that stock,and get convinced about a buy price level & then enter systamatically with small lots.
Thk god that we are in full cash & there is a good fall.(It is like Buying Hilsa Fish of 1.6 kg wt @ 300.00 per kg).
Any descent Fall gives us an oppurtunity.
We get paralysed & distracted by 'All Dooms Day Ahead' projection,there will be now plethora of new Threads educating us Yen / $ ,congress govt collapse ,even Pak attack,plz brush aside all these.Mkts fall & Mkt rises after each fall,that is historicaly proved.Tell me if Infy was a good Buy at 2300 then why not at 1900 (ok the $ / Rs ).We will have to work more with our tools for selection of buys,work overtime getting all the perspective of that stock,and get convinced about a buy price level & then enter systamatically with small lots.
Thk god that we are in full cash & there is a good fall.(It is like Buying Hilsa Fish of 1.6 kg wt @ 300.00 per kg).
Re: Todays Buy Levels
Hi asish
Good to see the generally positive overtones. One thing I have noticed this time is that after fall in sensex there is not much hue and cry or deperate voices. This is largely due to the lessons well learnt during last fall. As you said you are in cash and likewise I hope others are also in cash to get into the market at opportune time. I think traderji.com has more credit in educating Indian traders and investors and it must be praised for its role.
Indian economy and Stock market is not yet done with. It has many more peaks to climb.
You have rightly said that a descent fall gives opportunity to enter at reasonable level. I would combine this with saint's wisdom of watching the trend. So wait for market to rebound which would happen eventually.
Pankaj
Hi asish
Good to see the generally positive overtones. One thing I have noticed this time is that after fall in sensex there is not much hue and cry or deperate voices. This is largely due to the lessons well learnt during last fall. As you said you are in cash and likewise I hope others are also in cash to get into the market at opportune time. I think traderji.com has more credit in educating Indian traders and investors and it must be praised for its role.
Indian economy and Stock market is not yet done with. It has many more peaks to climb.
You have rightly said that a descent fall gives opportunity to enter at reasonable level. I would combine this with saint's wisdom of watching the trend. So wait for market to rebound which would happen eventually.
Pankaj
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