The sensex ended another day in the red. The sensex had the shivers early in the day. The sensex plummeted to 9303 before ending the day at 9380 down 64 points for the day. The Reliance and Infosys results have disappointed the markets and we see another bout of doubt and uncertainty.
Is it time to get worried about the secular uptrend? We don't think so. It will take a lot of bear selling to bring about a trend reversal. For now, its time to look for trades which suit our view.
We continue to look for trades on the upside rather than short the market.
Is it time to get worried about the secular uptrend? We don't think so. It will take a lot of bear selling to bring about a trend reversal. For now, its time to look for trades which suit our view.
We continue to look for trades on the upside rather than short the market.
No comments:
Post a Comment