iCharts Discussions

durgapurholdings · White Belt Joined: 06 Apr 2009 Posts: 11

THE NSE/BSE INDEX HAS ENTERED INTO BEARISH PHASE AHEAD OF BUDGET.ADVANCE-DECLINE LINE,.TRIN ,RSEX, AND ALL OTHER TECHNICAL INDICATORS GIVES SIGNAL OF DOWNFALL..
RECENT EVENTS OF TCS FLAT PROFT IN COMING YEAR,FALL IN PROFIT OF HINDALCO/TATA STEEL INDICATES THAT THE ATTEMPT TI REJUVINATE THE MAJOR ECONOMY NOW FAILS.UNEMPLOYMENT RATIO IS HIGH IN JAPAN IN LAST 6 YEARS.
ALL THESE STORY TELLS A TALE OF STRONG BEAR MARKET WHICH I PERSONALLY THINKS WILL LAST FOR ANOTHER 2-3 YEARS,WHICH WILL END ON SOMEWHAT MID 2011,STARTING FROM EARLY 2008...
THE RECENT BULL RUN IN INDIAN MARKET IS JUST A EYEWASH OF HNI/MF/FII LURING INDIAN INVESTER.BEWARE OF ALL THESE FACTS.A SINGLE PAISA SAVED IS A SINGLE PAISA EARNED.
THESE ARE MY PERSONAL VIEWS BASED ON VARIOUS BUSINESS PAPER.TV CHANNEL.TRADE WITH CARE AND AT YOUR OWN RISK...I STILL HOLD SHARE OF INDEX BASED COMPANY.

trendy · White Belt Joined: 16 Oct 2006 Posts: 40

Interest rates are at very low level and Inflation is closer to zero. Very Happy

How do you view these factors?

hdobhal · White Belt Joined: 19 Dec 2007 Posts: 162

Major Bear Market for 2-3 Years?

U kidding?

Major Bear Market will remain for 1-2 DECADES my friend. But this is worry only for the INVESTORS. The traders will enjoy the time as there will be so many opportunities for them.

If u wan to know why it will last 1-2 DECADES (10-20 years) then pls reply with ur query...