HBJ Capital’s research team has come-up with an exhaustive report for selected FIIs, where it was clearly indicated that India market are poised to see massive bounce somewhere around Apr-May’09 which will continue till Diwali and one can see Sensex @ 15-16K which is almost 80-100% upside from current levels. This might not be a continuation of bull run but one can named this as bear market rally. Mother of all Bull Run expected sometime in 2011, although Sensex can hover around 15K-16K levels by Diwali 2009 & 20K levels in 2010.
Just think, investing now in “10in3” or “Street Smart” stocks will make you richer by 100% in next 1 year time, we already posted one article where we have indicated that year 2009 can be a year of massive gain if played well or smartly.
Basic question in the mind of all is will the economy and the financial system get any worse than they already are?
- Central banks and governments of the world will do anything and everything to try and prevent a meltdown of the global economy.
- They will fight it tooth and nail. They will backstop and guarantee just about anything. They will print money like crazy … issue their mountain of new debt. Invest in banks, mortgage brokers, and even effectively semi-nationalize real estate!
- Some of their policies will help. Most will fail … backfire … and aggravate the crisis.
It looks like a whole new monetary system will be needed. Pls refer following report for more details on new monetary system. Link
- For the broad stock markets in the U.S. … Europe … and Japan, We expect to see one more sell-off, which has already started.
- There’s no sure way to say at what levels the Dow may fall to at this time. It could be just a couple hundred points lower, around Dow 7,000 … or it could be Dow 6,500 … or 6,000, perhaps even lower.
- After this selling wave in stocks is over, despite how bad the news out there is and the fact that this crisis will not be over for years — We expect to see a major multi-month rally take place, with the Dow gaining back at least 50%.
Indian stock market will follow the China (Shanghai Composite) ways.....
- Shanghai Composite after hitting its low in early November at 1,612, the index has soared more than 730 points — a whopping 45% — to 2,344 as I pen this column.
- It’s likely just the beginning of a brand new leg up in China’s markets that will see the Shanghai composite TRIPLE in the next 18 to 36 months.
- Despite all the gloom about China and tales of its GDP slumping to 6% or lower in 2009 — I believe China’s economy is going to surprise almost everyone … grow at better than 8% for the year … and help lead the global economy higher as well.
- Shanghai Composite is up 45% from its lows. And over the near-term, say the next six months, I expect it will likely rally much higher … from its current 2,300 level to well over 3,300.
- Indian markets are also expected to start slowly upside sometime before the election in Apr-Mar'09 and its rise will continue at least till Oct-Nov'09.
- So, before Indian market start taking a move upside you must place your final bet else this lifetime opportunity will be lost.
-Sandeep Jain, Senior Associate, HBJ Capital
0 comments:
Post a Comment