would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc.. 
Home
Market today broke the 4960 ASI low in feb. It seems weaker now as people seems to be panicking more. What now? Time to exit? time to buy? It all depends on your investment plans and goals and risk taking.
On one side if this keep up Market can head to ASI 4500-4800 as more and more panic is coming.
On the other side the volume has decreased a lot showing that many panic sellers would h ave exited. ( one time turnover was Rs 3 billion. Now it struggles to make Rs 200-400 million). Some companies are trading at half net asset value. some companies are trading at PE of 3-5. Some companies have shed it value from the top at 60-70%! To be frank this is becoming a bargain hunters paradise with selected shares.
Should we wait to collect lower? Should we sell and buy lower? The answer to that depends on patience and you investment plan. It you sell Rs 60 share now and it drops to Rs 40 then you loose 30+%. But if the share can run to rs 120 whenever the bull comes then it is a 100% gain. Whether you want to optimize and sell now and buy lower at rs 40 ( maybe it will go to
rs 40 maybe not) to gain 200% is up to you. So that involves risk too. As CSE is small market a few unexpected big transactions can make sudden u turns atleast short term. We cannot predict accurately as CSE is one heck of a market now that is not driven by fundamentals or logic. It is driven by panic, fear that shares will drop lower , loss of confidence , further sudden admin decisions that drives investor confidence lower and local and global issues. Now it seems lot of people opt for bank deposits that are offering higher interest rates as a safe haven . But note that there was an indication of Oil prices coming down, T'Bill rate marginally coming down. So this is two sided knife.
I recall a quote : "buy when blood is on the streets". Is it time to collect slowly or wait further to take a higher risk/gain.
Certain foriegn parties seems to be collecting slowly.
Plan and decide your strategy. If you buy now do not regret if share fall lower. IF you don;t and a market turns do not regret that opportunity missed too. CSE is now offering opportunities for 50-100% gain for the patient. If not FD are on offer at 15-17% rates.
What would you do?
On one side if this keep up Market can head to ASI 4500-4800 as more and more panic is coming.
On the other side the volume has decreased a lot showing that many panic sellers would h ave exited. ( one time turnover was Rs 3 billion. Now it struggles to make Rs 200-400 million). Some companies are trading at half net asset value. some companies are trading at PE of 3-5. Some companies have shed it value from the top at 60-70%! To be frank this is becoming a bargain hunters paradise with selected shares.
Should we wait to collect lower? Should we sell and buy lower? The answer to that depends on patience and you investment plan. It you sell Rs 60 share now and it drops to Rs 40 then you loose 30+%. But if the share can run to rs 120 whenever the bull comes then it is a 100% gain. Whether you want to optimize and sell now and buy lower at rs 40 ( maybe it will go to
rs 40 maybe not) to gain 200% is up to you. So that involves risk too. As CSE is small market a few unexpected big transactions can make sudden u turns atleast short term. We cannot predict accurately as CSE is one heck of a market now that is not driven by fundamentals or logic. It is driven by panic, fear that shares will drop lower , loss of confidence , further sudden admin decisions that drives investor confidence lower and local and global issues. Now it seems lot of people opt for bank deposits that are offering higher interest rates as a safe haven . But note that there was an indication of Oil prices coming down, T'Bill rate marginally coming down. So this is two sided knife.
I recall a quote : "buy when blood is on the streets". Is it time to collect slowly or wait further to take a higher risk/gain.
Certain foriegn parties seems to be collecting slowly.
Plan and decide your strategy. If you buy now do not regret if share fall lower. IF you don;t and a market turns do not regret that opportunity missed too. CSE is now offering opportunities for 50-100% gain for the patient. If not FD are on offer at 15-17% rates.
What would you do?
and thats what i am doing....i will place some limit orders.....as per my charts published....so it will be in black and white for future reference as well...no hidden agenda or no promoting what so ever. 
