Lumuhuku

Arbitary Obsessionist's Blog : Ambition is redundant. In life, mission is everything.

Confusing India Big Time – That’s Shankar Sharma

with 14 comments

To whomsoever it may concern

Shankar Sharma

This is to inform the general public, particularly the investors, that a stupid moron, named Shankar Sharma of First Global is freely making money out there in the markets, by making random & unnecessary predictions about the Sensex levels, after consulting his wife & his ‘dog’.

Shankar Sharma is one guy who should never be relied on when investing in the Indian stock markets. He can change his view faster than you can blink your eyes. Just have a look at some of his previous views –

September 2007

Our view is that India is headed for a market situation in the next six months time wherein we will see index levels get taken out successively. I would be surprised if the index does not hit between 25,000 and 30,000 in the next six-nine months time.

February 2008

I see a journey back to levels, which will approach four digits rather than remain five digits. It may or may not get there, but you will definitely get very close to those levels. By the middle of the year, we should be trading closer to those levels at 20% lower rather than 20% higher.

October 2008

Newsflows are still poor. The markets have still not bottomed out. We don’t see the Sensex rising beyond 12,500 in the current move and expect a further downside in October. The Sensex could head back to 10,000 levels, and may even dip below that.

Now he is the so called expert of the market. I don’t agree with this. He gave a bullish view when the markets were going up and bearish view when the going got bearish. This can be done by guys like you and me too. Even we can recognise patterns and make predictions. Then why do we need experts?

Mr. Shankar Sharma…Go & fish!!

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14 Responses

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  1. but, he was correct in his prediction which he gave in Feb, 2008.

    That’s true…let’s accept it.

    Prameet

    October 21, 2008 at 9:05 pm

  2. He correctly predicted the downside of 12000 sensex when it was around 17000 in Feb 2008.
    Now global situation became more worst..may banks gone bankrupt..so he is predicting more downside..
    Atleast his predictions make some sense

    kiran

    October 24, 2008 at 3:59 pm

  3. I totally agree with the above comments.

    shankar sharma is different from other investment gurus.

    shan

    October 24, 2008 at 9:32 pm

  4. @Prameet
    Unfortunately, he is turning out to be good predictionist of sorts.

    @Kiran
    Yes, his predictions make sense, but couldn’t we also make such predictions? I dont think you will come out and say it in a falling market that the Sensex is going to reach 21000 within a year. Anyone can see a trend and make a prediction that follows the curren ttrend of that time.

    @Shan
    I agree he is very different becuase of 2 reasons –
    1- He is one of the very few bears in Indian markets
    2- He is the most ‘un’guru of all the gurus.

    Another post on SHankar Sharma can be read @

    https://lumuhuku.wordpress.com/2008/10/25/sensex-at-8500-nifty-at-2500-what-does-shankar-sharma-the-bear-has-to-say-an-interview/

    Dev

    October 25, 2008 at 2:04 am

  5. You twits are still arguing whether I am right or not even when the evidence is staring in your face!!!! What you twits deserve is that moron P. N. Vijay who was clmouring for 10 months that “the market is crying for a buy” and when all his stupid predictions came unstuck he claims “Its a conspiracy of the FIIs”. Morons like that should be shot like mad dogs!

    P.S. We have a PMS if you should be interested.

    Regards,

    Shankar Sharma.

    Shankar "Big Bear" Sharma

    October 27, 2008 at 4:34 pm

  6. Mr. Shankar, I would never invest in your PMS. And if you have a disease called PMS, go to a doctor. Why should I be interested? 😉
    As far as the money is concerned, I can very well manage my own portfolio.

    Dev

    October 30, 2008 at 2:13 am

  7. he is hero in predicting and advising well before the event(crash) to the small investors to have a shelter to save.
    keep it up sir
    god bless u
    thanks
    b hanumaiah
    b_hanumaiah@rediffmail.com

    hanumaiah basarakodo

    October 31, 2008 at 5:05 pm

  8. one needs to be nimble-footed in financial markets; check out the theory of reflexivity from george soros.

    one cannot be a perma-bull or a perma-bear.

    hence, sharma act accordingly. what’s wrong in it?

    trendwhizo

    December 7, 2008 at 12:26 am

  9. Shankar Sharma is a CROOK with a BIG MOUTH.
    Remember what he said about Himachal Futuristic being the GREATEST STOCK EVER – the company of the FUTURE.

    Shankar Sharma will even sell his mother and his sister for money. He is a complete crook.

    Bear

    January 26, 2009 at 7:57 am

  10. Just Another Guy

    March 11, 2009 at 1:56 am

  11. watever u say mr.dev but let me tell u something shankar has something within him which no other stock guru has…wat ever hae says he says it along with reasons…and trust me all his reasons r true….remember he was the only guy who had said the sensex will touch 4 digits wen we actualy were trading above 20000

    nishant jain

    April 28, 2009 at 11:03 pm

  12. Can anyone plz give me the link for PMS by Shankar Sharma….coz i believe he gives genuine opinions about market and not to fool ppl for his interest.

    Read this: http://www.moneycontrol.com/mccode/news/article/news_article.php?autono=403193&special=mkt_topnews

    Manish

    August 4, 2009 at 7:47 pm

  13. Some of you guys are a bunch of some serious ********. Get a life you kids. If the market does not come down to 10,000 – 10,500 levels by may then i would willingly change my name to what ever you suggest.

    Bye kiddos

    Shankar "Big Bear" Sharma

    March 10, 2010 at 12:50 pm

  14. So Mr Ex Shankar “Big Bear” Sharma – what are you now called, you would have changed your name by now i guess??

    Prav

    October 6, 2010 at 8:05 am


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