Election and the market

marked9

New Member
#1
Just an idea for next week -

After this nice rally of two months I am guessing of strong correction beginning middle/end of next week.

The way elections are going this year, looks like we are again going to have complicated combination in power. Average percentage voting this year is less than the previous elections, elections were held on weekdays.
That means not a lot of new voters went to vote, means not a lot of educated voters did vote.
Based on the voting from the old voting bank, mostly uneducated and orthodox voters, none of the big parties will get majority. This has very high possibility.

Market is going to face political drama after 15th for a week or two. If the drama is done in a weeks period, the rally will slowly continue.

This just a personal opinion for good discussion


Regards
 

izzner

Well-Known Member
#2
Well after the great 2008 fall and loosing around 55% of my capital. I finally invested 1 lac (fresh old capital not touched) in first week of April. Made a small profit of 5000 excluding brokerage :thumb:.
Its a small profit but after loosing abt 50% of my earlier capital any profit is good sign..:clap:

Now from 29 April I am sitting on my capital waiting for the so called / highly anticipated fall if we have bad election results..
Also I read some where that Historically we have corrections in MAY...

missed the sensex rally from 11K to 12k..:mad: but still happy...:)

So keeping my fingers crossed.....
 

marked9

New Member
#3
Also I read some where that Historically we have corrections in MAY...
That's right, every year in month of April or May there is a correction in market.
Mostly because its end of the financial year, yearly results coming out in these months and then the budget.
Mix of good and bad results make the market volatile and confused for a month or so.

This year its been a different thing, it would be nice to have the rally going on so we can take advantage of it:)
 

sudoku1

Well-Known Member
#4
That's right, every year in month of April or May there is a correction in market.
Mostly because its end of the financial year, yearly results coming out in these months and then the budget.
Mix of good and bad results make the market volatile and confused for a month or so.

This year its been a different thing, it would be nice to have the rally going on so we can take advantage of it:)
RIGHT....instead of anticipating ,one should alwys b prepared 2 face any day....
in TA terms ,any govt ,any minister,any policy will b taken as positive only if sensex held 11272 (for 2day....dif levels everyday)....till then invstrs & bulls have no reason 2 worry;)
 
#5
hi,
As per technical analysis any body can predict future market as per charts or indicators. So , what is the scenario after 16th may ,can any body predict?

Actually yesterday i buy 4 lot nifty.So,pls advise me , what to do?

Waiting for expert comments!
 

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