randomGuy Posted October 30, 2014 Posted October 30, 2014 Sensex hits record high today It will go anywhere from 8800 to 10000 anytime near budget which is in Feb-2015 (the bubble zone starts from 8500), after which it will crash to 7500 as per my best guess.
Malcolm Merlyn Posted October 30, 2014 Posted October 30, 2014 It will go anywhere from 8800 to 10000 anytime near budget which is in Feb-2015 (the bubble zone starts from 8500)' date=' after which it will crash to 7500 as per my best guess.[/quote'] You mean the Nifty?
randomGuy Posted October 30, 2014 Posted October 30, 2014 You mean the Nifty? Yep. Actually nifty and sensex values are insignificant, p/e is significant. Right now, nifty ttm p/e is arnd 21.7. Historically whenever it has crossed 23, it has always crashed big time.
randomGuy Posted October 30, 2014 Posted October 30, 2014 Tomorrow also the market will move up as Dow 30 and s&p are moving up as I make this post -http://money.cnn.com/data/dow30/
randomGuy Posted October 31, 2014 Posted October 31, 2014 Nifty up 153 breaches 8322. Sensex up 519 points. Markets already expensive. Will enter into bubble territory if the trend continues.
randomGuy Posted November 1, 2014 Posted November 1, 2014 Sensex up almost 2% today On Monday too, it is expected to head higher as amreekan markets closed higher Friday night.
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