CA CS CIMA Prakash Somani (Landmark Group) (23502 Points)
30 December 2008ICICI Direct expects the benchmark Sens*x to hover between 12,000 and 14,000 levels by December 2009 and believes that themes like PSUs,
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CA. Dashrath Maheshwari
(TaXpert)
(15103 Points)
Replied 30 December 2008
In this time of financial juncture, one can not say by reading the palm and head...
This financial havoc is thrown the market in a unpredictable manner and was a total failure of all the so called experts and analysts.
The prediction of ICICI Direct, copied by CA Prakash Somani (A helping Hand) is may be a good info in others view, But not a true picture of the market after a year.
**DM
Jeet Biswas
(ACMA (in Service))
(5073 Points)
Replied 30 December 2008
after the meltdown in 2008, predictions shudnt be made so easily...
Rahul Gupta
(CA Final Student)
(1780 Points)
Replied 30 December 2008
hello sir.
Everyone has their own view over markets, but it's really hard to believe that what trend is going into the markets. right now Because of satyam the sentiments are low on IT sector. I personally very bullish on BHEL and Hero Honda. but right now they are at their very crucial resistance levels.
CA CS CIMA Prakash Somani
(Landmark Group)
(23502 Points)
Replied 30 December 2008
Definetely Market sentiments are investors sentiments and there is nothing to measure the investors sentiments. But if predictions are to be believed which are on some logical basis then we somehow avoid the uncertainity of falling into recession to some extent.
CAclubindia
