Suddenly the results from companies is coming positive
This post will give my views on stock markets current situation .
Exide Industries net profit rises 9%
Tech Mahindra Q4 net grew 5 pc
Triveni Engineering net up 10 pc to Rs 37.77 cr
Indian Bank posts 23.45% rise in net profit at Rs 1245 cr in FY-09
Jaiprakash Associates Q4 net soars 83%
There are some bad news also , but still we didnt see there effect like dip in profits from ICICI bank and Reliance .
Current view of Stock markets
Markets started there rally from 2550 levels and ran up till 3500 non-stop . Then they lost momentum and a small correction came upto 3300 . We should not try to find out if this is start of a new bull run or a bear market rally , I personally feel this is more of a bear market rally (perhaps a big one) .
Did you read about GFactor , in my earliar posts ?
So better to go with the flow , its not the investors market , its a trader market for now .
Let view this small correction and temporary slow movement in markets as the rest in the upmove . Also we are near the expiry week . Along with political uncertainty , markets are bound to be volatile and will not show clear trend for some more days .
With positive news coming from corporate world , the bias is on upside .
Its a BUY if it break previous high of 3520-3530 levels .
Go with the trend .
I came across a houmourous presentation , look at it
I have discussed about CFP as career option in the last article , read it
