The current market scenario

Friends,

You are well aware that the market is still in bearish trend.During such trend one should not venture out buying or going long even when one knows that the scrip is good and can rise, instead go short or sell the stock where you are sure of falling price.Though I said I will start giving picks from 1st of next month, I could not resist talking to you on few sure shots.Lets see who is following my blog dedicatedly !!
Those who are trading in derivative markets, go short on Chambal Fert., Balrampurchini, Akruti city, Bharat petro.These will give sharp fall and fast earning.I can see fall of nearly Rs.10 in Balrampurchini i.e. it can go from today's close of 52 approx to Rs.42.The same way i can see fall of min Rs.5 in Chambal. These result can be viewed within a day or two-three. Either u take position and exit when u satisfied with your earning or certainly i will give exit call bt dont wait till that.
You will wonder why i have not given stop loss !! Obviously, because am sure of what i said !!.
I have even stock names where you can go long but one should not venture out tht at this time.

It is not that always in bear market you have to go short and cant go long , when bear market gives bull rally it is very sharp and in short time it can give good return if you go long but it requires daring. Who will dare where even angles dare to trade !! But at that time if you are short, God only can save you. So plan your trading style and strategy today and then dare.

Wish you good luck.