pkjha30 said:
Hi Amit
Its quite informative. Infact Similar article appeared in reuters which I gave in my previous posts.
Hi Ahmed
BOJ is meeting on 14th July. Remember Japan is the plcae where Sun rises first. So we will know the situation beforeclosing of Market, hopefully. Nikkei should be reacting to it. and we will be reacting to both.
It will have implication on world liquidity and less availability of cheap money for speculative investment. So there will be less froth in the market and stocks should be available at attractive prices and valuation.
This simply means that to have patience and guts to invest in highly negative environment.
The trick is to identify when bottom forming is taking place. one way to check is to scan through fundamental indicators and sectors and price volume history. value investing or opportunity investing is almost always in negative ti neutral environment. Trend investing is in the confirmed uptrend and sentiments are positive.
Pankaj
Its quite informative. Infact Similar article appeared in reuters which I gave in my previous posts.
Hi Ahmed
BOJ is meeting on 14th July. Remember Japan is the plcae where Sun rises first. So we will know the situation beforeclosing of Market, hopefully. Nikkei should be reacting to it. and we will be reacting to both.
It will have implication on world liquidity and less availability of cheap money for speculative investment. So there will be less froth in the market and stocks should be available at attractive prices and valuation.
This simply means that to have patience and guts to invest in highly negative environment.
The trick is to identify when bottom forming is taking place. one way to check is to scan through fundamental indicators and sectors and price volume history. value investing or opportunity investing is almost always in negative ti neutral environment. Trend investing is in the confirmed uptrend and sentiments are positive.
Pankaj
Here i am posting some interesting view of one broker:
Though the Dy Finance Minister of Japan had indicated yesterday that he is not in favour of rate hike at this juncture, our powerful cartel had some different idea altogether. 11000 has become a bigger ghost for market where Entire Street is talking of sell off. Well, market is still hugely oversold and stock futures position indicates no improvement in liquidity.
One bn USD stock futures except arbitrage positions mean whenever a 100 to 200 mn USD buying comes market will up by 250 points and at the same time every bout of selling in front line stocks such as ACC, G A Cement, Century, ONGC, RIL, Reliance Capital is digested and these stocks are failing to budge. Nifty future is still a deep discount and whenever market players sense that markets are consolidating and not ready to fall the short covering starts. Trend decider is still RIL which is likely to post further gains and every weakness is an opportunity to buy only.
Apart from BOJ issue, the PM resignation rumour has done a trick for the market. It is very easy in absence of any regulation in this market to break its back. Go short, trigger the rumour which gets spread across India in less than 30 minutes and when investors are even verifying the veracity break the Nifty without much volumes and positive opening to begin with means everybody on the street were long which will add to the woes by automatic squaring up. This is a dangerous game but seems to have been mastered by the operators as I have not seen any change in modus operandi for last 7 years at least. There is nothing wrong.
Volumes in B gr have started picking and at the same time A gr is showing little nervousness and therefore it is advisable to buy B gr shares instead of betting on A gr shares. Even FII buying is seen in select B gr shares which is evident from FII Sensor Data.
Remember one should be really scared when everybody is making money in the market but should be little scared when markets are going down.
wrgrds
Ahmed