Indian Markets are going through a rough patch currently.
The markets have already crashed by whopping 1500 points in
the last week.
The US markets are still reeling under concerns of slowdown
in economy and that has shown up with nasdaq down 80 points and
Dow Jones crashing by 370 points.
Points of concerns for Investors in coming week.
a) CPM stating that it wants a complete ban on PN.
b) Tremendous selling pressures due to weakness in
US economy and a hazzy picture on PN.
Advice for Investors
a) Long Term investors can Buy into sound stocks during the crash
b) Short Term Investors be cautious for this weeks and let the markets stabilise.
Our Recomendations for this week
Company Entry Price Duration Target
India Bulls 500 Till Dec 750
Yes Bank 165 Till Dec 240
We will offer advice for short and long term Investors on a weekly basis.
Happy Investing.
Saturday, October 20, 2007
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1 comment:
welldone ..
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