Indian Share Market Prediction
- SENSEX 1st Target: 13030 ( Next 3 months )
- SENSEX 2nd Target: 9400 ( By Sept-Oct... Hope for the Best and pray it should not happen )
- SENSEX Trading below 200 DMA
- NSE: 3 consecutive close below 4630 will take it to 4420 and then it will touch 4347 level
- Watch collapse of 2 Private Banks and 2 or more Leading Share Trading Brokerage Houses
- Growth Rate: Indian GDP will be 5.5% to 5% in next 3 to 4 months
- Weak US economy and Weak Dollar
- Avoid all long positions till OCT 2008
- Any rise in Stocks, Just exit without taking care about your Profits otherwise you will lose your Principals
- For Traders Only: Avoid Day Trading and try focusing on Weekly or 2 weekly trades.
- Stocks to Buy/Sell ( 1 to 2 Year Vision )
- HOEC: 92 will be the bottom level start accumulation.
- PunjLlyod: Buy below 278
- BHEL: Buy Its too cheap ( You can wait for 1 more drop )
- LIC Housing: Sell if you have positions because you will get it below 220 in 1 or 2 weeks. Collect it below 220 level as its one of the blue chips.
- Reliance Capital: Buy below 1100 level.
- Avoid All Bank stocks becoz next 2 years are like blood path for banks.
- Invest in FMCG and Pharma, The Safer with less return ( Just like your FD :-) )
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