Indian Stocks-missing sign posts

This week is exclusive and going to be very special for the Indian Stock Market.
I am not suggesting you to be prepared for the March madness!
All that I know when it comes to stock investments there is nothing called comfort index or sculpting success?
Both bulls and bears are upbeat today about the Indian market prospects.
But in stock investing there is no ethnic edge and there is no natural way.
I heard comfort and bullish voices in the street. I couldn’t trust my ears!
Think and understand twice that how do you ensure that bullishness has suddenly become as comfortable as cotton pajamas in Indian stock market environment?
Thank god that I don’t write weekly columns tracking your birth stars’ fortunes and its impact on your investments.
Nor I could suggest to you pure astral gems to fulfill your investment dreams in stocks.
There is nothing called in stock buying and selling’ the great exchange offer’ as announced in India by well known retail hyper market flagship chains.
You should be on the look out to understand the out come of slew of economic events and news flows including the Economic Survey for 2011-12, RBI policy review on 15th March, Union Budget, on 16th March and the IIP numbers on 12th March.
All these policy milestones will draw the shape of country’s economic picture.
Bolly wood’s ‘‘Dirty Picture’ may get all cine awards for its entertainment value. But definitely dirty economic picture or financial indicators will not get any in the hands of already bruised investors.
Here I argue loudly that please don’t be a compulsive sleep walker in investing in stocks in anticipation of free bees in the budget.
Keep your investment destinations clear.
Don’t wake up only after hitting the wrong destination.
Don’t get into the arguments of so are the bulls right? So are the bears right?
One trend is very evident that on the eve of the Budget the Indian stock market is witnessing a contrarian style.
Is it simply an imbalance of thoughts and approach in terms of investing?
Or is it financial hedging with a different style!
If so it is fertile manure for the market volatility according to my wisdom.
That is, consolidated data on the BSE and NSE show that domestic Institutional Investors have pulled out close to $4 billion since the beginning of 2012 in contrast to 7.5 billion worth purchases made by Foreign Institutional Investors.
I am not willing to argue for or against the relevance of the holiness of the 200DMA of NSE fifty Index. I am not sure whether you are a contrarian by birth or by experience when it comes to financial markets.
Definitely I am sure when it comes to investment ideas for the Indian stock markets this month is ripe for contrarians.
During the 2012-2013 financial year you may be able to watch out for the game deciding NIFTY spot level of 6125.
In any game be it soccer, basket ball or cricket the top four teams predicted as sure shot by public opinion don’t normally make it to the Final Four and the same is true one hundred percent when it comes to stock investments.
Therefore ask to yourself that is it a good time to strike contrarian picks.
Think many times before acting.
My investment logic may not be holding water to aggressive stock market traders.
But I cannot help it.
On this weeks’ crucial Budget eve I am not very comfortable to locate any solid signposts for investments given the changing political map of India in the context of the recent State Election mandate outcomes.

About these ads