In your interest.
Online Personal Finance Magazine
No beating about the bush.
Pending further evidence, we continue to have no market forecast
Last fortnight, I had said that we are entering what may be called a non-trending market. In such a market, investors, and even traders, can be easily tricked into buying and selling at the wrong time. Just when it seems that the market is about to sell off, it can suddenly bounce back, as short-term sellers exhaust themselves...
In the previous issue, I recapitulated on our market stance by saying that “we see that while the Indian rally seems overextended over the short-term, there are enough reasons to believe in ‘buy-the-dips’.” We have held this view since May. But after the way markets all over the world have powered higher in the past two weeks, without a meaningful correction, we are paying more attention to...