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ank1977
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Myself Nirav Khatri from Baroda, working with Icici Prudential Life Insurance Co. Ltd., as a Financial Advisor since last one year. My holding in the stock market is not more than 50,000, believe in dare, dream and deliver.
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10 Oct 2008 18:06
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Yes of course for those who believe investment in equity for short time. Their confidence has been shattered very much, no doubt that. But still, equity is the best instrument for long term investors, who has waiting period for 5-10-15 years. If u invest any amount starting from Rs. 100 to greater than that for 15 years, u will never make a loss (survey of BSE sensex from 1979 to 2008). If v put money in bank as F.D., v never check before due date. But in equity v frequently check the price of stock in which v invest. Market has proved ...
08 Oct 2008 19:52
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If u observe four banks among private sector, Hdfc Bank, Axis Bank, Kotak Bank & Icici Bank. Two of them HDFC and Axis r performing superb. One can buy at every decline, HDFC Bank has less hammered during these correction. Axis bank is also value buy at current level and at every decline, so as Kotak & Icici. In Public sector banks, one can buy SBI, PNB, BOB & BOI....
08 Oct 2008 19:41
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Yes, Cash is the king in current scenario of the market. Bcoz not a single level stays solid, every level is broken now. But one thing is sure that one can buy in small quantity now and keep balance for further decline, if market gives u a level of 10000-9000-8000, u can buy at that level step by step. It is not necessary that market will sure correct upto 9000 level, it may bounce back from today`s low. Hope for the best....
08 Oct 2008 11:38
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Yes dear hindlevernet ur absolutely right. Bcoz technically if nifty not bounce back from 3483 level, it may go down 3260 and 3000 level within couple of days/months. Downside target of sensex is 9000-7500. Everyone is waiting for some miracle now. Bcoz almost 60 to 70 percent loss from capital investment in direct equity market. Nobody was expecting these level from 21000 level....
07 Oct 2008 21:08
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It looks like that nifty will touch 3150-3000 level, if it breaks 3400 level. Smart pullback rally is on the card at any time from now. For upside nifty has to cross 3750-3900 level. Sensex has a very good support at 11500-11300. If it breaks 11300 level, it can go down to 10300-9800 level. The sentiment has been not so good bcoz of USA financial crisis. There is nothing wrong with India....
07 Oct 2008 09:57
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07 Oct 2008 09:52
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