Nifty Technically

# dowjones what a come back at a point down 550 points and closing down 200 points is a consolation prize .
Crude touching 26.30 cents looks like soonitshall be given free in the international manner considering that 20 dollars is the cost of refining and digging .
Nifty low of 7250 ..... This was close to the high point when bjp came to power . In the month bjp came to power in 2014 that month low was 6650 high of 7750 and closing of 7250 .
The market is and has always been irrational
Are their problems
Yes there are
India companies growth of earnings
Dollar to rupee
Crude oil price
FII buying / China issue
This is one of the best times to buy and people shall remember in the history as they do 2008 .

Nifty Technical View Below

https://www.youtube.com/watch?v=1MaRjo7aSTo&feature=youtu.be

Comments

Wizard of Dalal Street: Govind Parikh's investment mantra

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...

Bank Nifty

Bank Nifty Bank Nifty is a Sell at Current Levels with a Stop Loss of 12,750 Once Below 12,400 the next major Support shall be only 12,000 Levels so a person can go short is bearish or buy putt if moderately bearish .

GST ........

In the biggest tax reform since Independence, the national sales tax or GST Bill was today approved by the Rajya Sabha to replace a raft of different state and local taxes with a single unified value added tax system to turn the country into world's biggest single market. The 66-year-old Constitution, which gives power to Centre to levy taxes like excise, and empowers states to collect retail sales taxes, was amended though the 122nd Constitution Amendment Bill. Prime Minister Narendra Modi said the GST will "also be the best example of cooperative federalism" and "Together we will take India to new heights of progress". The legislation was approved by the Upper House with 203 votes in favour and none against, after a seven-hour debate during which a rare bonhomie was witnessed among the ruling and the opposition parties. Replying to the debate, Finance Minister Arun Jaitley said the GST rate will be kept "as low as possible" but did not commit t...

Bulls & Bear Hfund of India

Search This Blog