The market is now very cruel on the realit sector because the first sell off is seen in reality sector.Stocks like DLF,unitech have already suffered a pounding and have corrected almost 30-40% after reaching anew high and they are even expected to correct more.Right now it would be really wise to exit from the reality sector since market is expected to correct 10-15% from current levels.Once nifty touhes 4800 level once can go ahead and enter into the reality sector for 1 year term.The average return would be more than 50 if one does an holding for 1 year.ALso try to figure out the companies which have huge land as the prices of land would roar up 2-3 years from now.
cheers guys
Showing posts with label huge boom. Show all posts
Showing posts with label huge boom. Show all posts
Saturday, August 28, 2010
Subscribe to:
Posts (Atom)