Something that has become a habit for the Bulls, coming back with a vengeance, occurred today. After a few session when it appeared the markets were weakening,
and the results were below expectation, the Sensex rebounded 212 points ending the day above 9400. The sensex ended 9450, while the Nifty ended up 61.6 at 2870.
As we had been maintaining, the secular trend continues to be strongly upwards. And any downward move should be used to pick up good scrips.
Wipro is one such example. A well diversified tech major, which can weather any crisis in the sector well.
The pharma sector is one where India will shine the next decade. Use any bad news about this sector to build your exposure.
This is something for the investors. As for us traders, now is a good time to build some bullish positions in the market.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment