Market snapshot:Disappointment from SEBI meeting and rising crude made the market tumble on the last trading day of the week.Market was expecting some announcement from SEBI on extension of the period for unwinding of P-notes in the derivative segment and restricting over-the-counter OTC lending where P-note holders lend their shares to a third party who then uses it to short the domestic markets. But neither of the two materialized.
Market Outlook:I beleive that going forward market will take a breather but stock specific action will continue.I feel this market now has become a stock picker's market and scrips will move with its value.The recomended scrips of mine are posses to deliver a stupenduos growth in their fourthcoming results which again will be a big trigger for them.Still there is a huge amount of money waiting in the sidelines to enter in our indian markets and any major correction will be utilised for that purpose.I would suggest my members to just hold on the scrips with more conviction and beleif.At the end I would like to finish with this quote,"Patience will be tested but conviction would be rewarded.Happy and safe investing!.
Remember the following points when investing in the market:-
1)Sentiments change overnight as people are emotional.
2)If analysis really workd all the time market would have become very boring.They are interesting because we cannot predict human behaviour.
3)When you get information on a stock find out if market already knows it.Know your level ofinformation ladder
4)Life is never fair.You may find incompetent people being highly successful.Dont feel bad,they are reaping the rewards of their past karma,lolz……
5)You cannot get investment opportunities everyday.5-6 of them in a quarter would be great.
6)Patience is always rewarded.The law of firm is applicable in walks of life.
7)Control your emotions.Do not follow the herd blindly.
8)You never miss the buss in the markets.If you have the money opportunities would always come.Preserve your money and don't forget "cash is the king"
9)Bear markets offer better investment opportunities than bull markets.
10)Avoid margin trading.You are only enriching your broker.Ask your margin trading friends how they are treated in the present market situation.
11)Derivatines are good hedging instruments.Unfortunately they are used as speculative instruments.They only enrich the intermediary at the expense of the investor.Avoid them.
"The devils would never listen to the scriptures of arun isnt it?hehehhe..."
Regards,
ARUN
I may be reached at-arunanalyst@rediffmail.com
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For investment ideas subscription queries you can mail me at" arunanalyst@rediffmail.com".Its all about investment ideas for the medium to long term.No intraday or trading stuff do keep that in mind.To deposit the fees you can do online fund transfer,cash deposit,cheque deposit in either of the below mentioned accounts:-
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Name:Arun Kumar Mukherjee, Axix/uti Bank, Account no:033010100490191, Branch:Konnagar
Name:Partha Pratim Mukhopadhyay, ICICI Bank, Account no:000601016473, Branch:Calcutta
Name:Arun Kumar Mukherjee, Axix/uti Bank, Account no:033010100490191, Branch:Konnagar
Sunday, August 17, 2008
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Important Disclaimer
Investment in equity shares has its own risks.Sincere efforts have been made to present the right investment perspective.The information contained herein is based on analysis and up on sources that I consider reliable. I,however,do not vouch for the accuracy or the completeness thereof.This material is for personal information and am not responsible for any loss incurred based upon it & take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations above.The stock price projections shown are not necessarily indicative of future price performance.The information herein, together with all estimates and forecasts, can change without notice.










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