India, Keep Rising !!
07 July 2013
In previous blog dated 18th may 2013 ( http://atulgandhicom.blogspot.in/2013/05/market-update-advantage-of-rising-market.html), we advice exit from underperformer stocks / stocks from weak sector / overvalued stocks. We also hinted for sharp correction in market. In subsequent period sensex saw a sharp correction from 20443 to 18467
Currently market is lacking strong momentum in either side. Underlying Indian economy is not doing well. Positive surprises are less probable while there may be negative surprises considering prolong weakness in economy as well as pre-election (freebie program) announcements foreseeing election in next year.
We advice for invest in installments with optimum cautious & strict stop loss.
Any purchase/sale of a stock involves a high degree of investment risk. Caution all investors that they may lose some or all of their investment if they decide to purchase any stock listed here.