Monday, October 28, 2013

The best time to invest and make money when the outlook is gloomy- Dreamz News.

On Monday in New Delhi the Sensex plunged more than 400 points in trade. But retrieved some of the losses and got settled at 347 points lower. The US is going to shut down partially tonight. India is going to be projected tough to control due to the fiscal deficit numbers. The deadline for the US to ride out the debt ceiling crisis is on October 17, which may see millions without pay.  The outlook is certainly gloomy.
The Sensex complete at 19,379.77, less 347.50 points. It touched a high of 19,651.31 and a less of 19,320.73 in trade these days.

The 50-share keen index closed at 5,735.30, less 97.90 points. The index touched intraday high of 5,810.20 and a less of 5,719.45.

One of the Analysts says benchmarks indices have affected in a very volatile vary over the past few weeks that have created a window of chance for discerning investors.
Indian markets are on ups and downs till date within the month of September.

After closing a pair of 2.6 per cent decrease within the previous week, the benchmark index remains up nearly six per cent, or above 1,100 points, to date in September.
Analyst says that markets are going to remain unchanged and there may be trade with negative bias in the month of October. Markets remain volatile ahead in Q2 results. 

Even though the markets recovered in the near term, where macros look demanding and which is fearing US QE tapering in October or in December, which could push nifty and Sensex to lower. Only few stocks have increased and few stocks are still trading low. They say due to spinning of the stock price few companies are seeing huge discounts to their historical valuations.

Experts say that money can be made in the market when there is a gloom. When everyone is positive, there is no value left on the table. Gradually speaking, the market has now confirmed a channel pattern where breakdown on the daily charts and has controllable implications. During these times where one should invest?

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