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Moneycontrol.com >> Message Board >> View Messages >> Market Institutions
   You are here :     Moneycontrol     MMB    Market View      Market Institutions                         Most active discussions of 2006 , 2007 & 2008
Swinging Market (1)   28-Jun-08 08:10Tracked by (0)  
Posted by:   stox & more on ( 28-Jun-08 08:10 )
If inflation take ride and no measures taken it will shed more points and slide .
Oil will play a major role.
If oil prices are not touching back to 130 level there are less chances for it to give joy to investers.
It may touch a level of 12000 if oil prices crosses 158 level.
Those who want to invest still there is a time to wait but those who want to sell due to any reason this is the time. Best policy is to wait and watch. Its not a good idea and not a wise decision to seel on loss unless there is a dire need for funds.
Coming time is a bad time ...you can say patience time and then there will be a ride. Market will remain on up and down swing for few months . There is no majic going to happened. Market already crused many investers and more will in coming few days.
Market can touch 12000 level. There is no hard and fast rule that it will not touch last lower level as the world economy not only Indian economy is in doldrum there is a bad news on the way for many. But intelligent investers furget market for some time and do something else. Those with large funds are doing F&O and still covering all they need . Unless you know what to do in this market..
do not play with money ..its very easy to loose then make.
..watch coming week. USA and Japan both are economically under stress due to inflation. Its a worldly phenamena. at the moment.
Indians are still lucky and not feeling as bad due to theie living culture compare to europeans and americans.
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