Tuesday, 4 November 2008
From Morgan stanley
..."Sentiment was boosted by a note from Morgan Stanley strategist Teun Draaisma who opined that “the severe part of the bear market is over, that there is value, but probably no hurry.” Draaisma abandoned his previously bearish stance after four main market indicators - valuation, capitulation, risk, and fundamentals - all came up as "buy" signals. "
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2 comments:
Dear Visitors,
Now we have seen that Nifty has already cracked down alot due to recession fear. Reality sector was the worst affected in this fall. Stocks like WWIL, Unitech etc has fallen quite drastically. Investors are loosing confidence in the market. Maximum stocks are trading atleast 30% down from there 52 week high in Indian stock market .
Now one can think of buying stocks for Long term.
Few best stocks to be picked are:-
1. Reliance
2. Suzlon
3. Sesagoa
4. LT
Just grab these stocks at every dip and stay invested for atleast 3 months and see the appreciation yourself.
For any doubt please feel free to ask us.
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What I think is markets have a limited downside from now .
On the worst we may see 25% downfall from current levels not more than that. Indian stock market will give fast pull back.
Good Stocks such as
Unitech and Suzlon can be accumulated now.
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