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Nifty
The Chances are nifty has reached a resistance Zone
20 % chances nifty reaches previous top of 6274 and move higher 40 % chances it consolidates around 6000 or at max 5950 40 % chances it moves back below 5900 and test 5800 levels or lower |
Wizard of Dalal Street: Govind Parikh's investment mantra Govind Parikh of Govind Parikh Securities says selling right is more important than correct buying. He says it is necessary to keep a lot of cash. "We keep an average 10 percent cash in our portfolio," he says I like to buy things in a bad market. Additionally, don't look current cash flow, concentrate on future cash flows — that is what I look at," says Govind Parikh of Govind Parikh Securities. He advises investors to buy good quality stocks when the market crashes. While sharing his investment philosophy with ace investor Ramesh Damani, on the Wizards of Dalal Street, Parikh says management integrity is very important when deciding which stock to bet on. He tells investors not to buy stocks impulsively. According to him, selling right is more important than correct buying. He says it is necessary to keep a lot of cash. "We keep an average 10 percent cash in our portfolio," he says. He al...
Nifty Below 6000 and now lets see weather the fall stops at 5950 or falls further but the magnitude of the fall shows a different Story :)
ReplyDeleteLooks Like Nifty is the view to make all possibility come true Nifty reaches a high and now consolidating below 6100
ReplyDelete