Looking at how clients lost money today, I felt like writing an article again.
Stay in $ related shares in the future.
1.) export earnings
2.) port city related investments
3.) foreign subsidiaries
4.) dollar investments/ assets
With gov talking to IMF, exchange rate can reach 300 levels if allowed to float.
Shares that fall to above category will surely give x5 times returns.
Market corrected today by abt 1000 points from 13,500 area.
Technical correction is over by my charts.
Expo was absorbed into foreign accounts today.
I can’t guarantee on ASI but the shares which fall under above category will be horses.
Better than EXPO sometimes.
What are these shares Maharaja is talking about ?
BIL & LOLC