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Its seems to be a lot of members of the forum worried about downward momentum of JKH share.
But its the right thing to be happened in the right moment.
Recent days there's a big concern about withdrawing of foreign investors from the market where better opportunities available with declined prices of GOLD and BLACK-GOLD.
We have to understand the importance of foreign participation in the market which always improve the health indicators and the sustainability. As we all know a good percentage of the foreign investments goes to the JKH counter because of the huge capitalization and the high liquidation. Its understood that most of the JKH transactions happened recent past were in the price range of Rs 235 - Rs 250 .
So then ..., what are the best options The market has to prove these foreign funds in terms of convincing a long term holding, in here? Can the market promise a new height like 9000 as most BBs preach to their retail clients ?
Fortunately (or unfortunately) market is giving the best possible solution it can. The best option is nothing but to bringing down of the prices to a range where handicapping an easy exit even not with a marginal profit gain. So its happening correctly , wisely and timely. Obviously this create some damages to certain participants both local and foreign , but this very truth has to be accepted in an open mind, understanding the importance of keeping up the wellness of the market in coming two difficult months.
But its the right thing to be happened in the right moment.
Recent days there's a big concern about withdrawing of foreign investors from the market where better opportunities available with declined prices of GOLD and BLACK-GOLD.
We have to understand the importance of foreign participation in the market which always improve the health indicators and the sustainability. As we all know a good percentage of the foreign investments goes to the JKH counter because of the huge capitalization and the high liquidation. Its understood that most of the JKH transactions happened recent past were in the price range of Rs 235 - Rs 250 .
So then ..., what are the best options The market has to prove these foreign funds in terms of convincing a long term holding, in here? Can the market promise a new height like 9000 as most BBs preach to their retail clients ?
Fortunately (or unfortunately) market is giving the best possible solution it can. The best option is nothing but to bringing down of the prices to a range where handicapping an easy exit even not with a marginal profit gain. So its happening correctly , wisely and timely. Obviously this create some damages to certain participants both local and foreign , but this very truth has to be accepted in an open mind, understanding the importance of keeping up the wellness of the market in coming two difficult months.
