Last Thursday roll over for the July was 79% against 82% average of last of 3 & 6 months. This heart breaking Roll over is the lowest since 2005, don’t worry its good and positive signal for the markets. History repeats and so less than 80% Rolls are always good signal for the markets compared to the rest. If we compare the data for the past 3 years than a average returns comes at 7% - 7.5% for the next month.

As Per the lowe Rate one get think sectors like FMCG, Pharma, Eng, Sugar shall be great in August.

Even Sentiments changed on Friday, as market started with the bad moods just due to International Markets  but at last Sensex hit for 865.15 high in last three trading sessions.

The 30 Share Sensex moved upside for 300.94 points by showing the low of 14002.19 and high of 14322.67 and lastly closes at 14287.21.

So this definitely indicates the Bulls might ride once again but not probably for a long rally. It also seems that Rolls were not happen for the people who have shorted their positions in the previous month as markets reacted not as per expectation. Coming month markets have some gap to move on the upside even technically it is on the favorable note but huge volatility one should expect for this month.

But one shall not forget the major concerns which are really moving around the markets and these reasons will push the market in the dark. Investors having a horizon for a Short term might earn good bugs but a investor with a good term will definitely earn, if starts the investment in this period.

I will repeat the same lines once again, don’t forget; Market needs 100 reasons to move upside but just 1 reason to ruin the party.

Markets will and might go down, if you ask me then I have strong conviction that there are more chances that markets can move on the down side instead of upside but if you are investor then start investing in the parts, who knows Kal Ho Na Ho?

Let’s Hope for the Great Month!!!

For Personal Investment Advice & other Investment services, please email us on invest@sufin.com

Sumit Jain
Money Grows with Sufin!!!

This entry was posted on Saturday, August 2nd, 2008 at 6:04 am and is filed under Intresting One's, Investment, Secondary Markets. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.