Market Outlook

Hello Friends..
Assasination of Benazir Bhutto will have a definite impact on our markets and our markets will be highly volatile for sure (Remem that on the day when emergency was imposed our markets were almost flat- didnt reacted to it), but this could lead to trigger only if the situation in pakistan goes beyond control and the traders might go ahead with caution while booking profits with whatever they might have gained in the last 3-4 days bull run. Henceforth I would advise the short term investors (and all the PLAY SAFE INVESTORS)to exit out of the stocks which are giving them some kind of returns.. Its better to book 15-20% profit rather then being invested and watch your money coming down... Stay in CASH and lets wait for the market to stablise a bit, let us wait n watch how our market reacts...People can book out in Mahalaxmi Seamless which has already given more then 25% returns in 3 days time... we can also book out premier explosives because we are gaining around 18-19% in that as well in a matter of 4 trading days...LONG TERM INVESTORS have nothing to do in the markets on a daily basis.. As i said one should always invest not more then 25% of his capital before giving long term recomendations...so we can wait n watch and add some more money if the market falls....
SO Finally.. BOOK OUT YOUR SHORT TERM PICKS WHICH ARE ALREADY IN PROFITS - MAHALXMI SEAMLESS AND PREMIER EXPLOSIVES AND HOLD ON TO LONG TERM PICKS LIKE THE IT MAJORS AND OTHERS LIKE KSERASERA.

HAPPY INVESTING
Investomaniac
JAI DADI KI