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Q.

Now it seems our markets are in a oversold condition.Unless short covering happens we are in for a bad christmas

21 Dec '09 03:18 pm
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Answers (2)

1.

As the markets have gone up too steeply from this march, a real correction (refer Marc Faber or John Templeton's views on google) upto 20-30% cannot be ruled out. But the long term story of Indian stockmarket looks excellent. SO, it's how you view the correction. If you are practical, this could be an excellent opportunity to build Wealth for the long term, at any correction.
Answered by Ramesh Chordia, 23 Dec '09 06:02 pm

 
  
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2.

It happens every year
Answered by abhijitdey, 21 Dec '09 03:19 pm

 
  
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