R Com is giving a shame to BITCOIN in terms of volatility and return, what it means for overall market?
Monday, January 1, 18
R Com is giving a shame to
BITCOIN in terms of volatility and return, what it means for overall market?
Greetings from Hitesh! I wish all my readers a very prosperous 2018. The
way RCOM shares moved up form Rs.9.60 to Rs.39, it is giving a shame to
BITCOIN. The way things are moving in the market, it is necessary to have a
close look at the market.
Buffett said :- “Be
fearful when everybody becomes greedy”. Look at the sub
Rs.10/ stocks and their movements. They are giving effortless money to the
traders. Effortless money gives NASHA to the traders and they are inclined to
take more and more risky BETS. These kinds of TRADERS go on for long vacation
from market once the market starts falling.
If the SENSEX and NIFTY are not moving up or moving up slowly and these
kind of companies move up by 30% to 300% in a short period of time, then the
possibilities of these kinds of companies to come down by equal percentage
becomes very high when NFITY or SENSEX comes down by 10-15%. They will surely
take NORMAL GREEDY investors for a ride.
What has been my market call
since MAY 2017?
I have categorically said that period from 26th October 2017
to 10th January, 2020 will be challenging for market.
Look at the news flow, which is coming in the market.
1. The biggest fear is all the experts are unanimously talking about TEJI
and the SENSEX hitting 1 lakh in long term. Why they
are giving LONG TERM TEJI calls when market is at the high and economy is not
performing?
2. Govt has hit 112% of the Fiscal deficit in just 8 months. It means the
fiscal discipline will not be maintained.
3. Gujarat election gave a hint to the MODI Ji that all is not well with
his way of working. I am sure he will try to take remedial measures in the next
budget. This will further increase the deficit or increase the TAXES for MIDDLE
CLASS guys. This may not go very well with the MAKRET.
4. There are talks of extending long-term capital gains period to 3 years
from current period of 1 year in coming budget. This will be negative for the
market.
5.
I am expecting many BLACK SWAN events in India and in
International markets in coming period. They will also affect the market mood
negatively.
What has been our call for
India Since Sep.,2012?
I have categorically predicted that India will be next super power
between 2014 to 2032 (68th Birthday to 86th Birthday of
India’s Independence day). My call was independent of MODI or any other
government.
For REAL long-term investors the market falls will be an opportunity to
do the cherry picking. But most of the investors are not at all LONG TERM. The
current lot, which has come in the market post 2008, has not seen market going
down by 50% or share prices going down by 90%. For them a small fall of 10% to
15% in market can be very scary.
I see market giving opportunities to real investors in terms of buying
missed out shares / adding their favorite shares at lower prices or buying new
sun rise industries shares.
What NEXT?
We are ready with our strategies to deal with the FALL. If you have
missed us since 2009, join us in 2018 and start building your long-term
portfolio with us. If you have time, I suggest you can do TRADING based on our
system and make tons of money along with investing.
Wish you make 2018 a really prosperous for you.
Live With Passion…Invest With Passion.
Hitesh Parikh.
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