SECOTRIAL VIEW
If marekt shows weakness again the sectors to be shorted would be BANKS, METALS, AUTOS, REALITY. So if weakness persists will try to short somes futures.
However if we see return which is quiet difficult, we would look for sectors IT , looks the strongest, even a beaten down CAPTIAL GOODS, FMCG also looks good but i am not a fmcg fan.
Most of the asian market have touched their 200 day moving average so we may see some upside but still any opp would be a opportunity to go short. Also we have some rbi action coming up, so lets see how it pans out.
i would welcome any opinion of fellow traders
If marekt shows weakness again the sectors to be shorted would be BANKS, METALS, AUTOS, REALITY. So if weakness persists will try to short somes futures.
However if we see return which is quiet difficult, we would look for sectors IT , looks the strongest, even a beaten down CAPTIAL GOODS, FMCG also looks good but i am not a fmcg fan.
Most of the asian market have touched their 200 day moving average so we may see some upside but still any opp would be a opportunity to go short. Also we have some rbi action coming up, so lets see how it pans out.
i would welcome any opinion of fellow traders
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