I have been following the stock market since last year, and been reading up on some technical analysis too.

Here are my thoughts

The current raise in the stock market was triggered by the FIIs (Foreign Institutional Investors) who have brought in billions of dollars. FIIs found the Indian market more business friendly especially after the resounding win of the Congress party.

If the FIIs leave India today, the share prices will drop by 60%, and so it is very important to be aware of what factors affect their decisions.

Yesterday, Obama announced a bill that will drastically cut the size of Banks in the US and affect their operations. The US stock market has been tumbling for two consecutive days now.

My Final Verdict: Stay off the stock market for the next 6 months, because it is bound to be very volatile.