RED ALERT :: Hello Friends stock the food which u can for the peroid of 2 years,, Rupee is expected to test 67 - 68 soon as my tgt of 63 is achived, now in worst case senerio if it moves above 68 might test 74 - 78 soon. this will bring civil unrest in economy,, if u look at price of ONION at at sky rocket, and this is just the begining ,, if petrol price rised which i expect soon to happen where my Crude oil report can look at my blog is to test 153$ from curent level of 110 $ might ride the inflation with rise in deasel and petrol prices,. cost of each item will rise and hope every one make a safe ground as soon as possible, advise to stock Pulses and grain as much as they can for safer side. , CIVIL Unrest means there will ba a JOB CUT and Closure of some mal industry.. we have seen Kingfisher going bankruptcy,,, this was just 1 company but i have a perception there are many who is going to get default soon and Banking sector which is one of the backboon of any country will be hit as one can look at the BANKNIFTY and Banking stocks one can get idea what will be the situation if i say Banknifty will test level below 4000 and can test 3300 where CMP is 9000 and i have been saying form 11000 lvl about the fall... what will be the case if the rates remain at the bottom for good amount of time where recovery will not be fast enough,,
Botttom line : I am looking at CIVIL unrest if nifty cross 4500 rupee cross 68 and BAnk nifty crossing 7700... as said : this Ganpati and Diwali things might get clear,, PRAY for the best ,, do not want to look at the dark years like 1975 - 1977 ...
Botttom line : I am looking at CIVIL unrest if nifty cross 4500 rupee cross 68 and BAnk nifty crossing 7700... as said : this Ganpati and Diwali things might get clear,, PRAY for the best ,, do not want to look at the dark years like 1975 - 1977 ...
