September 25, 2010 6:05 pm
I would recommend to read the following link by shyam – http://www.shyamscolumn.com/2008/12/simple-way-to-invest.html
In short, make your equity investment decision based on the PE ratio of the index.
Sell – when PE ratio of the index above 25.
Buy – When PE ratio of the index fells below 15.
Until desired range, wait, wait and patiently wait 🙂
@Money savings help,
Following is the prediction made by 3 analysts for the year 2008 by Jan 1st, 2008.
1. Neowave analyst, Milind Karandikar – using Neowave theory – Sensex between 27000 to 39000 in the 1st half of 2008,
2. stock market consultant and analyst ,Devangshu Datta – using technical analysis – Nifty between 6600 to 7000 in six to eight months with a bottom of 5600 to 6100. Really?
3.Orpheus Capitals CEO, Mukul Pal – using Elliott wave – Sensex not extending beyond 24000 in 2008. The closest of the lot, but still wrong by a long long way.
Source: Rediff news: http://www.indiaabroad.com/money/2008/jan/07bspec.htm
I purely decide on technical basis. There are many TV channels & other media, to get the support / resistance levels of Sensex and Nifty. If the market “CLOSES” below that level, exit.
Also, always make trailing stop-loss in equities. That will help you to cut losses small.
Hope it will help you.
Basically it up to your appetitie, how much risk can you take. Most people think market would correct now but it may suprise us and go to 21k levels. Timing the market is very crucial. If you are a long term investor then you need not worry, continue to invest in small lots now and lumpsum when there is a major correction.
Share Market is something which is always talked about by Investors. People at large still looks at this investment avenue as a source of income creation rather than wealth creation. Now a days, when we read and hear about Sensex, we get to know that Sensex is going up, touching 32 months high etc. At this moment, there are different reactions by different set of investors. Since we deal with investors day and night, let us share their views:
So where do you stand..
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