So yesterday was another confused day for the Market. Where on the one hand, the overall sentiments are still positive, while on the other there is a tough fight going on between the bull and the bear.
For now, since Today is the crucial Thursday of the crucial week, it will somehow be better to consider today as a “No Trade Day”, and wait for Nifty to make the final decision.
Which can be to either give a clear cut breakout as per the Day chart, or to take a Week more to decide its final direction for us.
In the meanwhile, keep rebalancing your portfolio here and be stock specific.
Regards, Alok Daiya SEBI Registered Research Analyst
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