Why FIIs are Selling?

Don't Panic Badge

Image by Jim Linwood via Flickr

Why FIIs are suddenly loosing confidence in Indian companies? Is it because of unending corporate rivalry between two Ambani brothers? or is it due to rate cut war between Indian Telecom companies? or FIIs are suddenly begin to believe that near term Corporate earning growth would taper off. Strangely Indian MF are going buying spree. Except IT companies most of the recently published quarterly earning reports indicate that the profit growth are mainly due to cost cutting measures and Govt. bailout packages. Real growth are some time to come. How the market reacted to the Bonus news of Reliance was a early warning signal. The speed at which various support levels injects panic in the market and violation of stop-loss levels exerts pressure. Today’s fall clearly indicates even 4800 is a long-term target. Yesterday I indicated that market may again enter into 4800 zone within a week. But it would take some more time. As volatility increases, trading and prediction would be very difficult. Stop-loss and profit booking @ every resistance level would alone keep us alive in this uncertain times.   

Reblog this post [with Zemanta]

0 comments:

Post a Comment

All comments are moderated. Please post no spam

Disclaimer & Privacy Policies

(c) Mrs. Ruby Christy. This site and contents are owned by Mrs. Ruby Christy;
Use of this website and/or services offered by us indicates your acceptance of our Disclaimer& Privacy Policies.

Information and opinions provided on this website (www.investchips.com) has been independently obtained from sources believed to be reliable. However, such information may include inaccuracies, errors or omissions. Investchips.com and its affiliates, information providers or content providers and R.John Christy and his Family shall have no liability to you or third parties for the accuracy, completeness, timeliness or correct sequencing of information available on this website or feeds, or for any decision made or action taken by you in reliance upon such information, or for the delay or interruption of such information. Investchips.com,its affiliates, information providers ,content providers and R. John Christy and his Family shall have no liability for investment decisions or other actions taken or made by you based on the information provided on this website. Any action you choose to take in the markets is totally your own responsibility. Investchips.com and R. John Christy and his Family will not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information. This information is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. Opinions expressed by R. John Christy are his own and not of his past, present and future employers.
The DoubleClick DART cookie is used by Google in the ads served on this websites displaying AdSense for content ads. When users visit this website and either view or click on an ad, a cookie may be dropped on that end user's browser.
  • Google, as a third party vendor, uses cookies to serve ads on this site.
  • Google's use of the DART cookie enables it to serve ads to your users based on their visit to this site and other sites on the Internet.
  • Users may opt out of the use of the DART cookie by visiting the Google ad and content network privacy policy.
  • www.investchips.com never collects any personal information of visitors.