CA Mayur Sojrani (CA) (318 Points)
23 November 2010Hey hi Guys I got the news that Share Market will be going to crash in this Christmas as FII's are going to booked the profit in this christmas .....
So a good news for new investors just wait for december end to enter in market.....
& need to worry by short term investors......
& long term investors stick to the market no need to worry.....!!
Sudeep Kumar Das
(Graphic Designer)
(39 Points)
Replied 13 December 2010
Thank you Mayur,
Get More Christmas Scraps - New Year Scraps at GoodLightscraps.com
Ankur Garg
(Company Secretary and Compliance Officer)
(114773 Points)
Replied 13 December 2010
Your information is very true...stay away from Mkt till Dec 31...
Bijoy N.Momaya
(www.RupeeResearch.com (Eqty Advisory & Stock Broker))
(477 Points)
Replied 13 December 2010
Hello Mayur,
It would not be fair to term the fall as a Crash !! Its just a healthy correction which was due since long. FIIs had good holdings in Banking & Realty Sector which has been dipping since many days & they have booked decent profits. This happens every year. So its not a Crash.. Its just a correction & a lesson to investors that they should keep on booking profits at various resistance levels & re-enter the stock after a fall.
Thanks & Regards,
Bijoy.
CAclubindia
