Today the markets continued the downward journey. But for Reliance, which jumped 56 Rs, the sensex would have ended in the red again.
We think the markets are close to bottoming out, but our opinion matters little to the markets. We have to see it in reality.
Tomorrow there is a special session for Reliance early in the market, should be interesting to see how it goes.
About the trend,we still see the secular trend as up. Any good scrip which has got beaten down is worth a look. But that is for investors.
For us traders we keep looking for trades on the upside and the side ways range.
We think the markets are close to bottoming out, but our opinion matters little to the markets. We have to see it in reality.
Tomorrow there is a special session for Reliance early in the market, should be interesting to see how it goes.
About the trend,we still see the secular trend as up. Any good scrip which has got beaten down is worth a look. But that is for investors.
For us traders we keep looking for trades on the upside and the side ways range.
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