Dear Friends,
This Diwali muhurat is bed. First time in last 7 years sensex close in large (151 points ) down. It is not a bed sign at all. See all global markets are down. Sensex already gone up crossed 20k before diwali.Diwali celebration already over before Diwali in stock market.
As per I am saying in last two posts now focus is on madcap and small cap so don’t watch index just watch Midcap and smallcap indexes and watch market breadth. ( Advances and decline ratio) .
This Monday morning sensex down over 3% ( 600+ points ) but so many stocks are up over 10%. As one of my post Syncom witch is not moved in rally up 20%. So there is no reason to panic. I have read in one news paper that madcap index will be sensex in this new samvant ( 2064 ) .
If you want to buy sensex stocks Infosys and TCS are looking good at current price with long term ( 2-3 years ) .
Regards,
Smallguru
No comments:
Post a Comment