While I was surfing through Rediff I cam across a article Sensex at 19,500 by year end : Experts.
What exactly is on their mind ?
Are they trying to speculate ? No clue.
When markets were at 8K they didn't say any such stuff!
When I read this I remember one thing "Buy when others are selling and sell when others are buying."
So should we follow what they say? I think no. Doing our own research is the best strategy.
Few weeks ago Elton Wave international a UK based investment advising co. said "Sensex at 1 lac possible by 2025!" This can be possible as India is ought to be a super power by 2020 - 2025.
What do you have to say on this ? Will Sensex reach at 19.5K by the year end ? Comment!