Tuesday, January 26, 2010

A MAJOR TOP, INDEED.

After seeing the crash, in last few days,,now people are talking about a crash below 2200.
but in my humble opinion, we have seen a major top t 5310..on medium term basis and a multi year bottom 2252 in oct-08..looking at the yearly charts of so many major indian stocks, the coming fall in 2010-2011(as i dont know, when we will see a higher bottom in place (against 2252),i am mentioning 2010-11....)will be the best ever buying opportunity, for a muti year bull run.
i even dont forsee, march-09 bottom to get cracked.
double bottom scenario is possible only for reality sector,as they were the worst performer in 2009.
it- auto will only correct upto no more than 50% of the 2009 rise.

1 comment:

rajamani said...

Keep updating your blogs so we will be beneffited