Hi friends,
Sensex is in green now and was in yesterday too. Market is going to give pull back rally soon. Since this is the last week of August series, lot of short positions will be squared off giving short covering rally. One can go long and trade this rally strictly with discipline and being stock specific. Under current of the market is still downwards. No fundamental changes have come in to change the sentiments of the market. Trade with caution. No new shorts should be created at this level.
More later,
Jagruti.
Sensex is in green now and was in yesterday too. Market is going to give pull back rally soon. Since this is the last week of August series, lot of short positions will be squared off giving short covering rally. One can go long and trade this rally strictly with discipline and being stock specific. Under current of the market is still downwards. No fundamental changes have come in to change the sentiments of the market. Trade with caution. No new shorts should be created at this level.
More later,
Jagruti.
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