The last nail in the coffin of Indian stock market has been made by Mr Rakesh Jhunjhunwala a trader & investor who has asked people to be realistic in their expectations.
Mr Rakesh Jhunjhunwala stated that market is in the deepest and the longest correction in a very long term bull market and also further stated that market may not be able to achieve previous highs in this year as he feels that the past corrections have not been long though those corrections were deep and thus ideal is to make money with intraday tip as one is out with profit in shortest possible time frame.
Please note that this statement was made by Rakesh Jhunjhunwala in year 2008 and thus it has to be seen in that light and not in the present context.
Mr Rakesh Jhunjhunwala stated that market is in the deepest and the longest correction in a very long term bull market and also further stated that market may not be able to achieve previous highs in this year as he feels that the past corrections have not been long though those corrections were deep and thus ideal is to make money with intraday tip as one is out with profit in shortest possible time frame.
Please note that this statement was made by Rakesh Jhunjhunwala in year 2008 and thus it has to be seen in that light and not in the present context.
