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| Discuss Sensex To 12000 at the Equities within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Sensex will fall down to 12000 shortly as correction is going. With in 1 week ... |
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#1
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Sensex will fall down to 12000 shortly as correction is going. With in 1 week it will touch to 12000.
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#2
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dear ankit
Quote:
how?do you have any connection with FIIs? technically prove it here....using charts have a nice day JB |
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#3
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Thanks |
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#4
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The correction in the domestic market was in line with expectation. In the last four years, the market has run a lot with the valuations remaining too high and overstretched. The PE stood at 18 times the FY08 earnings at 14,700 levels which was considered expensive. So a slide-down from that level was necessary and the market had to come down. Now the market is heading towards 11,500-12,000 level, where the PE will be 15 times FY08 earnings, which will be considered as fairly valued.
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#5
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Quote:
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