Quite confusing market, Market is not giving indication of bear rule but we are reluctunt to make any huge position...
The reason may be
* we are bomb bared with 3150 level resistance
* we are bomb bared with still previous low of 2200 or bla bla..
* and any more reason if you reader find u can share with me....
i have only one fear for this market. It may again lure retail investor to pick the scripes at high and again may repeat the worst....
Its difficult to say at this juncture upto what high this market may go still... again some stimulous coming with US economy also...
The main worry is market is moving with the news not with the effect of the measure..
The big question is that if these measure dont work what next???????
Now speaking in layman trader language now we wish sbi also lead the rally as RIL did today....if it crosses 1400 above in couple of next trading session...bear still to wait to enter into market
DISCLAIMER- ITS GOOD TO ASSUME THAT I FOLLOW MY VIEW COMPLETELY
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