Indian stock market followers-Where is Sensex heading now ?


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peacock1   
Member since: Jul 04
Posts: 1040
Location: Woodbridge

Post ID: #PID Posted on: 16-10-10 09:04:59

Hi CD friends,
Let us make thes theread a base to discuss all about Indian Stock market.
All of us share their views based on their experiences and or their sources back home.

Where is Sensex heading now ? Can Sensex reach 26000 ?

https://docs.google.com/fileview?id=0ByQ7JYAgYCwoYWYxMDVkZDctYjE3My00Y2M0LTkzNjEtYTVlYjg2OWM2NzI0&hl=en&authkey=CImh8fYB

Pls share your views here.


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Whenever you experience joy, peace, security, equanimity or purity, it is only because you are aligned with ALMIGHTY.


Vandematram   
Member since: Nov 08
Posts: 1448
Location: Sunny - Leone

Post ID: #PID Posted on: 16-10-10 09:59:12

25,000


Indian Stock Market works on Sentiments.

The sentiments are very strong and the mark will be DRIVEN to 25,000.

This is also a good time to enter into this market as the US Markets will start dipping with small upward blip when the Republicans will WIN the senate race and offer some hope.


Hands Down 25000.


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Sunny Leone a true Canadian DESI now back in India !.


unitz   
Member since: Jun 10
Posts: 139
Location: Surrey, BC

Post ID: #PID Posted on: 16-10-10 10:38:15

Not sure where it will head as impossible to predict the future & especially the BSE / NSE.

I certainly don't think this is the good / best time to enter the market. There is very little value in the current pricing. Most companies are overpriced. The PE ratio is hovering unusually high. Investors should beware for swings & suggest that only folks with surplus cash and strong EQ to dabble and enter when everything is on the upswing and there is general euphoria around.

The index is making news on the front page of the white newspapers which is also an indication that the general public is getting swayed by the headlines. Time to offload and watch from the sidelines.

Beware of the FIIs. Advise caution.

Good luck! :)



chcool   
Member since: Sep 10
Posts: 158
Location:

Post ID: #PID Posted on: 16-10-10 11:35:01

Quote:
Originally posted by unitz

Not sure where it will head as impossible to predict the future & especially the BSE / NSE.

I certainly don't think this is the good / best time to enter the market. There is very little value in the current pricing. Most companies are overpriced. The PE ratio is hovering unusually high. Investors should beware for swings & suggest that only folks with surplus cash and strong EQ to dabble and enter when everything is on the upswing and there is general euphoria around.

The index is making news on the front page of the white newspapers which is also an indication that the general public is getting swayed by the headlines. Time to offload and watch from the sidelines.

Beware of the FIIs. Advise caution.

Good luck! :)



Long term invsters need not worry whether there will be dip in sensex. One should always understand after spike in sensex, there will be correction but longterm looks bullish atleast untill 2011.



chcool   
Member since: Sep 10
Posts: 158
Location:

Post ID: #PID Posted on: 16-10-10 11:36:39

Quote:
Originally posted by Vandematram

25,000


Indian Stock Market works on Sentiments.

The sentiments are very strong and the mark will be DRIVEN to 25,000.

This is also a good time to enter into this market as the US Markets will start dipping with small upward blip when the Republicans will WIN the senate race and offer some hope.


Hands Down 25000.



I thought you invest in canadian /us markets only.





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