morning thoughts...
The markets reacted and acted as said and expected.
Technically the same trend is likely to continue with high volatility and markets swinging on both sides thus giving oppurtunity to both long and short traders.
However, these are the times of extreme volatility in Indian stock markets.
While the economy is not yet out of the woods, the Indian stock markets have been painting a different picture altogether. With Modi Government taking a charge at the centre, the bulls in the markets have been unleashed. The sense of despair that once ruled the markets and economy has given way to positive sentiments.
As investors get carried away by sentiments, fundamentals have taken a backseat, we have always asked investors to be cautious of the euphoria and follow a bottom up approach for investing in stocks. While some may question our view, we believe that common man's inability to grasp the complexities of the short term events makes short term trading highly risky. As the statistics reveal, around 90% of the traders end up losing money using this approach.
However, just because we are long term value style stock pickers does not make every other investing strategy bad!
Indeed, we do believe that even short term trading opportunities can be profitable if investors follow some well-researched and tried and tested strategies.
Coming to the commodity markets bullions - gold and silver looks weak.
Base metals looks positive with a buy on dips strategy, crude and natural gas is likely to trade flat.
www.astroeyes.blogspot.in
Buy Cesc 600 ca , Hcl tech 1500 ca , Petronet lng 160 ca
Jackpot call buy Ceat
Fii call buy Gokak textiles
Sell Gold , Silver , Crude
The markets reacted and acted as said and expected.
Technically the same trend is likely to continue with high volatility and markets swinging on both sides thus giving oppurtunity to both long and short traders.
However, these are the times of extreme volatility in Indian stock markets.
While the economy is not yet out of the woods, the Indian stock markets have been painting a different picture altogether. With Modi Government taking a charge at the centre, the bulls in the markets have been unleashed. The sense of despair that once ruled the markets and economy has given way to positive sentiments.
As investors get carried away by sentiments, fundamentals have taken a backseat, we have always asked investors to be cautious of the euphoria and follow a bottom up approach for investing in stocks. While some may question our view, we believe that common man's inability to grasp the complexities of the short term events makes short term trading highly risky. As the statistics reveal, around 90% of the traders end up losing money using this approach.
However, just because we are long term value style stock pickers does not make every other investing strategy bad!
Indeed, we do believe that even short term trading opportunities can be profitable if investors follow some well-researched and tried and tested strategies.
Coming to the commodity markets bullions - gold and silver looks weak.
Base metals looks positive with a buy on dips strategy, crude and natural gas is likely to trade flat.
www.astroeyes.blogspot.in
Buy Cesc 600 ca , Hcl tech 1500 ca , Petronet lng 160 ca
Jackpot call buy Ceat
Fii call buy Gokak textiles
Sell Gold , Silver , Crude
