National Australia Bank fell 4.1 percent to A$27.62, Commonwealth Bank was down 2.7 percent at A$41.68, ANZ dropped 1.7 percent to A$1.44 and Westpac lost 3.3 percent to A$21.51.
IS IT True
IS it for real
is that a bargain to grab ??
well forbes.com surely believes so.
check out the article here http://www.forbes.com/afxnewslimited/feeds/afx/2008/06/11/afx5107290.html
screenshot below
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Time changes and with every passing day graphs of stock market changes which in turn changes the portfolio of investor. Like recent fall in Indian stock market
has ruined the portfolio of investors
who were invested in Nse and Bse
listed scripts. They have lost around say 60% of there money. But now once again after that correction in stock market Nifty and Sensex has picked up momentum. But
we again warns all investors that don’t be too over tempted by this rise as its just a minor upmove. Until Nifty doesn’t close above 5300 for 3-4 sessions we are not at all bullish in market. So invest in market for short term or prefer day trading commonly known as Intraday trading.
Apart from it rising price of Crude oil, Rising Inflation is a matter of concern. Though dollar is becoming stronger that will boost IT sector and Exporters.
All in all we suggest be in Indian stock market and if you are investor invest with the proper strategies like go Long for maximum 1 week that too with proper stoploss and target.
If you are day trader be a strict intraday trader then , clear your goals and trade with strict stoploss and target if you want to earn.
Regards
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