Nifty is likely to face stiff resistence at 5050. Nifty may consolidate at this level between 4200 to 5000 for another few months before breaking 5000 level again.
Investors are advised to book at least 50% profit in this week.
Trading stocks and midcap and small cap may see big jump before jerk...
Value Pick Team
Wednesday, September 16, 2009
Saturday, September 12, 2009
IPO Come Back fizzling out
It is disappointing news for those companies which are planning for IPOs. After index broke out of downturn, lot of companies are lining up to suck the money from market by IPO route.
But it is not going to be straight forward as it appears to be. Streched valuations are not liked by investors and retail investors specifically.
Merchant bankers needs to set the valuation theory straight and leave some money on table for small investors. SEBI also needs to keep its vigil on those who try to exploit this route for interest of few.
Wish you profitable day.
Value Pick Team
But it is not going to be straight forward as it appears to be. Streched valuations are not liked by investors and retail investors specifically.
Merchant bankers needs to set the valuation theory straight and leave some money on table for small investors. SEBI also needs to keep its vigil on those who try to exploit this route for interest of few.
Wish you profitable day.
Value Pick Team
Welcome Message
Dear All
By creating this blog I intend to provide reliable information on Listed Shares on Indian Stock Exchange.
This forum will provide you the reliable and timely information on major update and trend on profitable deals...
On Behalf of Value Pick Team,
Chandra
Disclaimer:
This site, its owner, creator & contributor are not responsible for any loss arising out of any information, post or recommendations appearing on this blog. Investors are advised to consult financial consultant before acting on any tip or any information.
By creating this blog I intend to provide reliable information on Listed Shares on Indian Stock Exchange.
This forum will provide you the reliable and timely information on major update and trend on profitable deals...
On Behalf of Value Pick Team,
Chandra
Disclaimer:
This site, its owner, creator & contributor are not responsible for any loss arising out of any information, post or recommendations appearing on this blog. Investors are advised to consult financial consultant before acting on any tip or any information.
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