Skip to main content

Posts

Showing posts from June, 2010

Sell on rise

Thanks to all negative news around the world, global equity markets are in clear down trend. Analysts are already talking about support levels, but this is not one week or one month down trend. Markets will remain in down trend for at least four to six months. As markets are poised to go down, the best strategy for any investor would be sell on rise. For example, you have Tata Motors shares; you sell them at Rs. 750 and again buy at Rs. 680. Once you get shares at lower price, sell them again when they reach Rs. 730. This strategy will work for almost all the stocks except for some defensive stocks (Pharmaceutical, Power, and Technology).