Thursday, September 5, 2013

Trap Ahead

Dear traders,
Dont get over excited by seeing the past three or two days nifty movement. I feel this is kind of a trap bcoz India's Fundamentals like rupee depreciation,Current Account Deficit,Inflation have not been solved yet.As Raghuram Rajan became RBI governor Market expecting some soft corner measures from him. That is why nifty seen a dramatic U-turn of 300 points.So I request not to  put your money in this mkt with intention of making quick returns.For me its a time for acquiring and buying on dips good quality large caps for next two or three years prespective

After this week I will be mentioning some names associated with banking licence and few other good quality stocks

                                                                   THANK YOU