India Stock Market Around it’s Peak
Looking at today’s BSE chart and recent spiky rise in BSE index.. I am thinking of 1999 NASDAQ’s run. This is a no-brainer observation to many.
I think it has peaked and is ready for a large correction. Also with govt. under dwindling support, uncertainity on bullishness looms large.
If i would have equity positions in India stock market, I would sell everything today and move out.. and not lookback for atleast few years for this bubble to burst out. There are far more better asset classes today to look at on risk/reward basis.
Happy investing.
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Recent
- US Markets: Finally .. Let’s Prepare for another Large Correction
- Closer to the TOP
- Upside : Possibly One or Two more UP days left
- Is the correction Over ? – May be !!
- The much anticipated down cycles has started
- What Makes+Keeps – Countires and Societies Rich
- Market’s UP Move – Since Friday
- Way To Go – Away ?
- Market Trend Spotting and it’s elements
- BSE – On a Short-Term TOP !!
- Summer (3rd bottom) Target levels
- Perfect day to go 30~40% cash
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