Thursday, April 1, 2010

Share Market View - Overall

Where we go in last few months
3 month's movement in commodities
Nickel - Rs 700 to Rs 1180
Copper - Rs 280 to3 Rs 355
Crude - 63 USD to 83 USD


Commodity give return more then 50 % in last 90 daysThat's means commodity expensive more then 50 % in last 3 monthsBut world's share market maximum 5 % gain in last 3 monthsevery analyst said market go upevery listed company Representative said profit earning of his company growlots of company share prices double in 3 months


every week new company enter in share marketlisted their company in share marketand u know share price goes up between 20 to 50 % in a listed day


Just try to remember in 2007 what happen that yearevery one like to listed their company in share marketlisted gain in new company in share market 30 to 50 %


analyst said that time market go upcommodity too expensive that timeSame situation comes again this time i feels


So be alert this time not buy any share at high pricewhich never come again in
5 years3 years before Unitech touches Rs 600 levelafter 3 years still Rs 72 level


But some company share trade new life time highs
examples - SBI bank , Hero Honda, so many share

when Indian market touches 21,000 levels
that time Hero Honda trade Rs 800 price
Now market at 17,800 and
price of Hero Honda Rs 2100


So Bubble again slowly slowly grow
But still not know when it burst
so keep watching carefully all things