US and Europe markets have been constantly trading with negative bias. Though our market is showing strength, it is also going to get affected. The only reason you are not able to see SELL OFF kind of situation only because market has multiple supports.
If market opens gap down, DO NOT SHORT.
Find opportunity to BUY selective stocks at lower level. Market is trading in "OVER SOLD" zone and there can be a good short covering rally when market hits 5580 - 5550.
Though market breadth is negative, you will see a lot of volatility, so do not have higher targets. Expect small targets, BOOK PROFITS soon.
The Fight between BULLS and BEARS are going on and soon you will see direction of the market to change. Though the short term is trading negative, medium term and long term is very much BULLISH. So there are still lot of good stocks which will rally even in this WEAK market.
Stay updated with the Blog and get the Best Trading Advise.
If market opens gap down, DO NOT SHORT.
Find opportunity to BUY selective stocks at lower level. Market is trading in "OVER SOLD" zone and there can be a good short covering rally when market hits 5580 - 5550.
Though market breadth is negative, you will see a lot of volatility, so do not have higher targets. Expect small targets, BOOK PROFITS soon.
The Fight between BULLS and BEARS are going on and soon you will see direction of the market to change. Though the short term is trading negative, medium term and long term is very much BULLISH. So there are still lot of good stocks which will rally even in this WEAK market.
Stay updated with the Blog and get the Best Trading Advise.
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