Monday, 19 March 2012

POST BUDGET MARKET REACTION

This is budget is considered as the most safest budget that FM can give. Also many Expert says "it is one of the most Realistic budget that any FM can ever give".


Looking at the volume and the market reaction after budget,  its not gonna be very easy for the trader to forecast the market in short term. 


Watching at the PCR which is ~1.1 shows the sign of weakness in the market. 


Caution - 
Trader - For all your trades please put a stoploss for the a logical trades. Do not put your emotions into it
Investor - Do not put lump sum money into the market. for your long term objective it is advisable to follow top bottom approach with a proper eagles eye view.