Both Bank Nifty & Nifty 50 (which trails Bank Nifty) are perilously close to 52-week low. Given the weak global cues, depreciating rupee (flight of FPI) & weak Q3 macro & micro conditions, the market looks headed for more
lows. Brace yourself to see Nifty sliding to 7,000 on or before Budget day.
Whether that situation arises or not, postpone your buying propensity for now and hold on to your horses (read Cash) till then -- don't burn them unnecessarily. They will come in handy when you most need them.
*Think It Over*
“*When you’ve had money and lost it, it can be much worse than never having had it at all!*”
lows. Brace yourself to see Nifty sliding to 7,000 on or before Budget day.
Whether that situation arises or not, postpone your buying propensity for now and hold on to your horses (read Cash) till then -- don't burn them unnecessarily. They will come in handy when you most need them.
*Think It Over*
“*When you’ve had money and lost it, it can be much worse than never having had it at all!*”
Sir do you suggest selling all holdings including noble explochem and Triveni glass ????
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