Today is the sixth consecutive day where index once again slipped more than 70 points.
There is no respite for those who held long position in the market. The down side is still not complete. But the market always does a pull back and again resume it's down trend.
Now the nifty range is 10150-330.
Forget 10430 which one may not be able to see till April end.
Bank nifty can shed another 2000 points easily from here.
Simple rule: Don't make any long-term investment now. Wait for more correction.
There is no respite for those who held long position in the market. The down side is still not complete. But the market always does a pull back and again resume it's down trend.
Now the nifty range is 10150-330.
Forget 10430 which one may not be able to see till April end.
Bank nifty can shed another 2000 points easily from here.
Simple rule: Don't make any long-term investment now. Wait for more correction.
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