i Develop Stocks Advisory

Market in COMA………. R Power listing finally proved that 11th date is the HORROR date in Indian context. It has seen default of payment obligations close to 2000 crs which had the impact on the market. Market broke lose and fell like pack of cards. It was clear even before the market opened that if R Power gets listed below Rs 600 the price decided by a wire channel, the problems was called for due to huge payment default. In fact, today first time the genuine FII selling is seen in the market. Today Asian markets are not as bad as Indian markets yet the writing on the wall is seen. In just half an hour it fell from 300 points to 800 point and away by just another 1000 points to break a new low. The way things are going market may test new lows and those who are going short are getting huge pay outs which will help them break the backs of bulls. Market is now in a state of COMA and hence recovery if at all would take long time. May be; months to see back market coming to normalcy. The old story will re surface where investors will start seeing Nasdaq and Dow for clues. Most of the traders, brokers and FII are now holding that market is definitely heading for lower levels. Where market will bottom out is only market cam tell you…? Most of the fund managers have echoed view like we have entered the bear market and the repeat of 2000 is on cards. All long term investors too have started offloading even delivery shares as they are completely shocked and not ready to bet on capital market. Last time when market fell on 21st Jan media made hue and cry saying market was over leveraged. This time on 11th Feb when market fell by equal amount market is under leveraged. This means when market wants to fall it will fall irrespective of leveraged positions and hence the question of any application of mind does not arise at all. You can’t do anything in this kind of market because neither you enter any trades in futures nor in cash even though you wish to enter so. Just wait and watch till the time market looks like making bottom for sure. The question will always remain who will bell the cat first….? How many traders and investors will survive this crash…? What is the Govt role in such crash…? How stock exchanges are re acting to fresh margin calls is also required to be taken into account….? Judgment is more than skill. It sets forth on intellectual seas beyond the shores of hard indisputable factual information.