The pharma sector is in complete Bear trend and prices are plummeting as there is no tomorrow... The bear trend started some where in the year 2015 and is still going on...it is a long term bear trend and probably time wise will last for other 2 years atleast till the time people get tired of selling and show no interest at all of purchasing or even of selling...total disinterest towards the pharma sector...Psychologically the retail investor should feel frustrated to even talk bout the sector...than it is the time to even increase exposure to the pharma sector even if you are invested... today the current situation is such that people are selling a if there is going to be end of selling medicines... Such negative talks of sector destruction are always spoken in the times of Pessimism and In Bear Trend... Companies will close down....medicines will stop selling...new technology will replace the intake of medicines...BLA BLA BLA....and the stories will go on and on... everyone will talk negative which is happening in the pharma sector and i can literally see in happening in the form of selling in the secondary markets...
Prices of most of the top pharma companies in india have plummeted more than 2.60 times from their Life Time tops...I dont say that still lower prices are not possible in these pharma companies in the coming months or years but the bottom is nearing and the Investors have become FEARFUL of the pharma sector in general....
But today investing in pharma sector is like standing below the falling knife and it will require great courage determination to purchase stocks in the pharma sector...and then to apply discipline for the next at least 5 to 8 years and stay invested for the long term...
Prices of most of the top pharma companies in india have plummeted more than 2.60 times from their Life Time tops...I dont say that still lower prices are not possible in these pharma companies in the coming months or years but the bottom is nearing and the Investors have become FEARFUL of the pharma sector in general....
But today investing in pharma sector is like standing below the falling knife and it will require great courage determination to purchase stocks in the pharma sector...and then to apply discipline for the next at least 5 to 8 years and stay invested for the long term...
No comments:
Post a Comment