Hi Friends
Dow is down over 165 points whn i am writing this and as I have been warning everyone since the past 1 week.. today it showed that some weakness is prevailing and the fall is nearby.. it can be extended for a few days but its certainly not gone....The recovery today was seen due to short covering and since almost all the brokerages came out with a SELL and CAUTION call today... the market recovered..Markets are not the puppets of anybody.. they are certainly not going to dance to the tunes of the brokerage firms reports and analyst views.. it has never done so nor it will do in future. The market moves up & down surprising atleast more then 75% of investors/traders, but today almost everybody in the stock markets came up with a sell/caution call hence the market reacted the other way and recovered... Henceforth i see that immediately we might not fall as big as it is expected.. but it would be by surprise.. I am getting some news that FIIs will be selling in bulk from the next week (wednesday onwards).. may be till then we can see few points up/down or may be new highs.... BUT MY ADVICE WOULD STILL BE THE SAME>>> CAUTION CAUTION...
Our long term call on KSERA SERA is continously hitting upper circuits even in this market.. Njoy...
Happy Investing
Investomaniac
JAIDADIKI
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