As informed earlier, it is very difficult to trade in Index, better to trade in specific stocks which are giving the movement.
Though market is at highly oversold position and market is taking support at very important levels, the upside movement is likely to be limited. After 1% upmove in USA and Europe market, market has given a bounce but not sounding to be sustainable.
Let us see how the market gives direction and then take positions, on achieving targets, do not wait, just exit positions.
Though market is at highly oversold position and market is taking support at very important levels, the upside movement is likely to be limited. After 1% upmove in USA and Europe market, market has given a bounce but not sounding to be sustainable.
Let us see how the market gives direction and then take positions, on achieving targets, do not wait, just exit positions.
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