All the Asian Markets are trading in negative zone. Even USA and Europe markets are negative. If you look at SGX Nify, it is also showing -50, so you can see a gap down opening today.
BUT DO NOT SHORT at the Opening of the market.
There are multiple supports at 5600-5630-5650, this is a tight band and you can see some technical bounce back. The market may consolidate now.
You can see stock specific movements. Wait till there is a good opportunity, don't short in hurry and end up in loss. At the same time, going long is also not advisable.
DON'T DO ANYTHING in this market right now.
Once I see a good opportunity, I will keep you informed. Have Patience :)
BUT DO NOT SHORT at the Opening of the market.
There are multiple supports at 5600-5630-5650, this is a tight band and you can see some technical bounce back. The market may consolidate now.
You can see stock specific movements. Wait till there is a good opportunity, don't short in hurry and end up in loss. At the same time, going long is also not advisable.
DON'T DO ANYTHING in this market right now.
Once I see a good opportunity, I will keep you informed. Have Patience :)
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