Should You Buy In September and Sell in March?

September 6, 2013

Should You Buy In September and Sell in March?

Greetings from Hitesh! Over a period of time, we develop many thumb rules for all the areas depending on the experiences we get. The above captioned is also a rule stated by various market experts. Let us look at the market.

Market up by 10% in Last 7 Days:-

BSE Sensex made a low of 17449 on 28^th August. It was the most negative day…..lot of negative possibilities were talked about. The sentiments were down….Index was at yearly low. In just 7 sessions it is at 19270. If you look at the Nifty…..it has also moved from 5108 on 28^th August to 5706 today. Both Up by 10% or so from the bottoms! Something must have changed, isn’t it?   

What Has Changed in Last 7 days?

Nothing has changed in Economy, Corporate world, Inflation, Industrial Growth, Banking system and infrastructure development. In fact, day after day, it has become certain that investors in NSEL will lose their money. All the negative news are still there which were before 28^th August and still market is up by 10% or more…..that is the beauty of market.

Our View of The Market:-

Our stand has been unchanged…..we have maintained our investment strategy to pick and choose in this market since last 6 months. For traders we are giving great calls….just check all the tweets on @hiteshmparikh and you will come to know what can be done in this market.

Where is our confidence coming from?

Our confidence is coming from our study. We had shared our study from 1999. Now we have got data for last 30 years…..and it’s a very interesting data. Since 1984, before every union elections Rupee had moved down by 20% or more against rupee with the exception of 2004.

1984 it was down by 21%
1989 it was down by 24%
1991 it was down by 22%
1996 it was down by 19%
1998 it was down by 13%
1999 it was down by 14%
2004 it was up by 11%
2009 it was down by 25%
2014 (till now) it is down by 20%

For us, the current market is providing us a great investment opportunity.

Performance of Our Calls During This Week:-

	10th Week Performance :- 2nd Sep to 6th Sep
Sr.No.	Company Name	Reco.Date	Recom.  Price	High Made After Our Call	Date on Which It Made This High	Absolute Profit in %
1	HDFC Bank	01/09/2013	595	622.9	5th Sep	4.69
2	Dabur	01/09/2013	165	172.9	5th Sep	4.79
3	KTK Bank	01/09/2013	77	87.5	6th Sep	13.64

We have given calls on Nifty sell on Monday and buy on Tuesday….you can check on Twitter as mentioned above. Both the way, our followers had minted great money.

What Next?

If you love making money, you are welcome to join our free or paid services. Just drop an email.

You can follow me @hiteshmparikh on twitter.

Live With Passion…Invest With Passion.

Hitesh Parikh.