Sunday, September 26, 2010

Interesting Facts



1. You need to be good in POKER, SUDOKU & CHESS to make money in Stock Market (Quote from a Book I think "Trading For a living")


2. Indian Stock Market is at 20000 close to All time high but only 13%(290 out of 2230) of listed NSE stocks are above or close to All time high.Rest all are trading much below their previous highs as on Sept 25'2010.

3. Sectoral Leaders of Last Bull Run Capital Goods, Real Estate, Infrastructure are the laggards of this Bull Run.

4. Stock Markets are rallying on the consumption story of India. Few of the best performing stocks are Jubilant Foods(Pizza), Talwalkars(GYM), Shoppers(Retail), Titan(Watch & Jewelery).

5. 2 symptoms at the Bubble stage of US housing 1. Everybody says Real Estate prices can never go down. 2. The people who can't afford buy the Real Estate .We have reached stage 1 in India and I believe 70% of the game is over in India.Now just think about stock market in India for a sec,where are we? Not anywhere near stage 1.(That's my view only)


Disclosure:The above expressed views are my views only & I am not responsible for any profit or loss incurred using this info.