Tuesday, November 2, 2010

Thoughts for the festival season

Will the market be up at next year Diwali ??

The answer to this question is not easy because no one knows the future. At least, traders are wise enough to understand this.

Given the market picture as it stands now, I assume that Indian markets will remain cheerful (means: on the bullish side). This does not mean that markets will not come down. What I anticipate is a number of shallow + sharp corrections as well as range bound moved. But these are normal to any market. So, we may now begin a 'normal' bull market.

Have Fun!

6 comments:

VIJAYENDRA said...

Sir
der aaye durst aaye. i was waiting for your comment since long. i agree your comment but sometimes rallies and correction are too fast and furios.if you are not sound from mind it may be confusing.
THANX

shabsaif said...

Dear Sudarshan Jee,

After Long 10 days, again I read ur words. We missed U.

Thanks

rocky said...

Hello sir,

Happy Diwali in Advance.

I got a mail from my broking house about Automated trading system. we all know that automated trading systems are used by many institutions, but getting them to retail level(this soon) was unexpected. even though the cost of minimum investment (8lacs) is high, but my question is how will this affect the future of the markets?

we request your views on this please.

regards,
rocky

kk said...

!!!!WELCOME!!!!
RESPECTED SIR
NOW PLS DON'T IGNORE US, LIKE U DID TO CNBC.

Rohit said...

Dear Sudarshan Sir,
Wishing You And Your Family A Very Happy Diwali.



Rohit Kapoor.

ravi said...

Hello Sir,

What is the future of ICICI and what you feel on expiry of NIFTY this month