Dear Readers, BHAVIKK SHAH's BLOG is totally free website. Contents here should be viewed for Knowledge purpose only. Author does not charge for any kinds of the services. Kindly don't entertain to any of the paid services in a name of BHAVIKK SHAH's BLOG !!

Thursday, October 30, 2008

IS BOTTOM NEARBY ?

The ‘BOTTOM’ is an important landmark in a downward stock market. In the current period it is a commodity as sought after as hope or confidence. It is important because it indicates the lowest point that a stock market‘s index will hit. Once a bottom is reached there is no way but up for the index which also means that if you invest at the bottom, your money will have no way to go but up. The benchmark Sensex of the Indian stock market breached the 8,000 level and closed at the 8500 level for the first time in three years. While it is still difficult to say if we’ve hit the bottom, we can surely say we’re somewhere close to it. All hopes on the global financial crisis and markets. All the efforts from the major central banks of the world to bail out the current financial crisis is an appreciable move but cant garuntee the up move in stock markets. Indian stock markets is much dependable on FII's, as soon as they stop feeling the pain of redeemption pressures they will soon came back to India....................as they have no other choice.

No comments :

Post a Comment

Related Posts Plugin for WordPress, Blogger...

Share

Why you should have a Stop Loss of 8 % ? Click to know more. Author is also on Facebook and Click here for SHORT STORIES

X