Hello friends,
The today's high was a strong resistance point for market and though it tried very hard could not break it. It is sliding down now on foreign cues. It has 1000 point downside yet. It is not time to go long now. One must wait before going short as well. Trading range has narrowed down and it is better to remain stock specific.
Buy on dips:
WOCKHARDT
JUBILIANT FOOD
More later,
Regards,
Jagruti
The today's high was a strong resistance point for market and though it tried very hard could not break it. It is sliding down now on foreign cues. It has 1000 point downside yet. It is not time to go long now. One must wait before going short as well. Trading range has narrowed down and it is better to remain stock specific.
Buy on dips:
WOCKHARDT
JUBILIANT FOOD
More later,
Regards,
Jagruti
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