Weekend Market Comments - No Reason for Panic

Markets were close to destination 16K when profit booking started. This is natural in markets as every one would like to be on safe side. I had also advised you to follow the Zero price concept for stocks where your portfolio will have stocks which you get at zero price.

This is simple. Buy 100 shares of a stock at 100 Rs and sell 80 shares if it reaches 125. This way you get back your money and the remaining 20 shares are free of cost. You can again buy back the stock if it comes to 100 Rs and then sell at rise. This is one way of making your portfolio free of cost.

When there was a fall yesterday from highs, every one has started saying that we are going to have correction now. This is akin to the scenario where we have Stars shining brightly and due to clouds if we cannot see them for a while and some one saying the Stars have disappeared for ever. Please keep posting your comments and also suggestions in making this blog provide useful information for all.

Markets will slow and steadily move to 16K in their own style and there is No Reason for Panic.

"We had a Fantastic Match Yesterday and India Kept its record of NOT losing to Pakistan in a World Cup Match"