Investors no need to panic

Image by youngrobv (Rob & Ale) via Flickr
As budget presentation is nearing, the market is turning to be more volatile. GMR Infra’s QIP withdrawal triggers panic and operators unwind their longs. Those who bought shares based on recent brokerage recommendations frozen in fear and booked loss. If you are a investor, don’t panic. India would recover first. So stay invested to reap the benefits. Concentrate on bluechips and liquid midcaps. We can’t predict the bottom of companies like Suzlon which delivered not so good results. But this company has enormous potential, we advice you to accumulate these type of stocks ( future potential, recent negative news). Concentrate companies with good pedigree like LIC Housing Finance. Traders should accept that the market would be more violent than before. Money management, trade management and stop loss are the three things they should concentrate to stay in the market. Otherwise traders would be wiped out in very short time.
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