Market Update: Beginning Of New Era…A Multi Year Bull Market

In the previous blog 04-Nov-2013 (Silver lining (Optimism) continues…Beginning of new era), I had mentioned

1) “….may be the upcoming rally will give opportunity to reshuffle portfolio...”

We saw mid & small cap rally along with large cap in past few months.

2) “Beginning / foundation for new era

In 1990-1998 we saw Sensex making top around 4000+ level & falling thereafter…. Post 1995 /1996 to 2000 we saw a major rally in software stocks….from 2003 to early 2008 we saw bull market….

…. In Apr-2009 we mentioned on blog about uptrend (Mousam Badal Raha hai….Marekt is changing itsDirection) in market (Sensex 10803) …..followed by blog in Jan-2011 (Sensex 18860) we updated change in direction to down (Mousam badal raha hai …. Reorientationrepositioning ….unfolding mystery)…..we believe currently market is at major junction which can mark / make foundation for new era -new beginning…..”

On Friday, 16-May we saw Sensex touching intraday high of 25375 (closing 24121)

Long term trend

As mentioned in past blog, I believe its beginning of multi-year bull market….Let us see how many times Index multiplies from breakout point of past high.

Medium term trend

From mid feb-14, we have seen market has been rising. On Friday, 16-May we also saw intraday market correction /selling of 1254 points (falling from high of 25375 to close 24121) Things will be clear in coming days whether we are looking for some consolidation phase / correction or it will continue to rise.

Invest for healthily returns

Be aspirant

Be part of glorious future

Invest, Relax & Keep Smiling

Happy Investing

Disclaimer:

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.

India Aspires For Glorious Golden Future :) Cheers !!

BJP led NDA party has got unprecedented victory in Lok Sabha Election 2014.

Some facts about election

• High voter turnout during election
• People rise above caste politics
• People rise above freebies politics
• People vote for development
• Everyone wishes to rise & be successful

Here are some of quotes from Mr Narendra Modi’s speech post election result.

"Irrespective of who is in the opposition, I want to take everyone along. To run the government and country we want to take everyone along"

"It is the government's job to think for the people. People of this nation have given a verdict. The verdict says that we have to take India forward."

"This is the power of people, which will shape the future of India. You trust me and I trust the people of India. It is the citizens of the country who will lead it into the future."

"Sabka saath, sabka vikas (with everybody, development for all) is our motto,"

“देश चल पड़ा है, युवा चल पड़े हैं, हमें कदम से कदम मिलाना है, भव्य, दिव्य और समृद्ध भारत बनाना है “

Disclaimer:

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.