I went short at 4490. Where should I cover?? Any Ideas !!!
Market is going up on global cues. Even inflation came higher today.
Individual stocks are looking tired. Technology is weak. Dow may go up even tonight. Cement is pulling the index now and it may peak out in a day or two.
I think market may enter into a distribution phase this month before plunging, if other results does not match the market expectations.
Already banks are feeling the heat and went to RBI regarding low credit off- take. Two wheelers are feeling the heat.
I do not know which sector is going to pull the index from 4500 to 5000, if at all it is going to touch that level as some analysts are predicting.
Only hope as of now is L&T, BHEL, Reliance, SBI. Already they have run too much too soon.
Individual stocks are looking tired. Technology is weak. Dow may go up even tonight. Cement is pulling the index now and it may peak out in a day or two.
I think market may enter into a distribution phase this month before plunging, if other results does not match the market expectations.
Already banks are feeling the heat and went to RBI regarding low credit off- take. Two wheelers are feeling the heat.
I do not know which sector is going to pull the index from 4500 to 5000, if at all it is going to touch that level as some analysts are predicting.
Only hope as of now is L&T, BHEL, Reliance, SBI. Already they have run too much too soon.
I went short at 4490. Where should I cover?? Any Ideas !!!