April 30, 2012

Nifty Update: 30th April 2012


As expected the box pattern is still impact but intraday the nifty is testing below the box. Monsoon has already south India and trend can be confirmed in next 10-15 days. Now, only two major concerns rising deficit due to crude prices and growth being eaten by inflation. Lets wait what all is in store.
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3 comments:

  1. AnonymousApril 30, 2012 at 8:53 AM

    Hi cherry/achin,

    Very good blog.. Congratulations.. I am a newbie to stock Market.. And my funds are very limited.. I can't take big positions.. I wanted to know ur views on GMR Infra, Mercator, Lanco Infra and GVK on a long term basis

    Thanks,
    Vivek

    ReplyDelete
    Replies
    1. CherrypickApril 30, 2012 at 10:37 AM

      Thanks Vivek! Will update you on the query by tomorrow provided we find you as the follower to the blog :) Else you need to wait for the next time we open up for Anonymous blog visitor questions.

      Delete
    2. shiachinMay 5, 2012 at 8:33 AM

      Hi Vivek

      It is better to invest in good stocks even if u got less capital instead of runninng after some small cap stocks.

      I would say invest in good stocks or better invest in Bank FDs or PPF for a while till market situation becomes beter.

      thanks
      Achin

      Delete

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