|How to hit home runs in 2014?|
|04 Dec 13 08:38 AM|
Stock market is similar to base ball game - While in base ball you have to hit the ball for home runs and in stock market you have to hit the right kind of stock at the right price to make money.
For example we asked our members to buy L&T at around Rs 925-950 in November which helped the members to hit home run. In a similar manner our members are enjoying the home runs in Kalpataru which was picked up around Rs 75! Buying them now is not a wise thing as it has gone up sharply in the last few trading days.
We can profit in 2014 immaterial of QE tapering or bad election results provided we learn to apply the setup principles. To help you better, we are planning to conduct a meeting in Chennai before Xmas 2013. More information on it will be provided in our future newsletter. Please watch out for the same.
Today the Nifty may open lower which does not mean that the bull run is over. The market is worried about the outcome of election results and hence it is in indecisive mode. The market players expect a stable Government to be formed in the 2014 elections and the state elections may give some clues to the probable outcome of the general elections.
Let us wait for the outcome of the election and then predict the future course of action. For now the investors who attended the meet are laughing all the ways to banks.
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