Who knows it can be Trap….

In the past few posting I was writing about the Levels that were close to 10000 Level of Sensex but it will go more that the expected can be either below 8500.

Every Morning Indian markets are riding on Global Markets and with that Indian markets are sliding towards more recessions and which seems not getting over in near term.

First our Industrial Figures were heart cracking then our Advance Tax were mind bobbling and day by day Indian market scenario is getting worst and worst.

First it was just due to Global Crisis and now India will be part of it. Markets are affected very badly and so each and every business has started facing “The Great Unforgettable Mandi of 2008”. Right from Small Business to Big Shots is facing the same scenario throughout the country.

First it was just the Technical but now Fundamentals are getting weaker and this will spoil Indian Market even in 2009.

Investors who are in passion to buy in bad times should not get disappoint if they are not able to buy, but they will get few other great big chances and who know what can be the bottom.

Is it really Good time to Buy?

Every Body has the same question, either a Investor or Trader but I have plain answer for everyone this Good Time will remain for long time another 500 Days.  Make Sure if you are buying to built your Portfolio then your horizon should not be less than 5 years and more over don’t forget India is Growing - as After Every Dark Night there is Sunny Morning.

Welcome New Year 2009.
Sumit Jain
Money Grows with Sufin!!!

Saturday eve was not great, Before I leave my Space, i watched International Market and it was just “D” Down and before I leave my friend just called me and conclude that market will be down for 1000 points minimum or probably once will hit to lower circuit, he he he….

After that I was on my regular visit at clients to talk about business, believe me everyone is afraid about correction and I was very much sure of correction either it will be Black or Red but comming Monday - 10/06/2008 will be bad . Sentiments have become weaker once again and that signs “Another Attack on Markets”

Everyone is talking about a correction just to about 1000 pts. not it nifty but in sensex and so once again the sentiments of investors have come down “Not -1000 Points but -500+ Points will be surely down” and people who have build shorts positions will be sure treating on Monday …

Rest, waiting for Big Hope.

Sumit Jain
Money Grows with Sufin!!!