Expecting a short term correction of 6950-7000 of nifty..then market may bounce.
since the last 15-18 months, low has been around 5100-5200 (if my memory serves me correctly) - and none of the time market fell for 10%, and what u are not talking now is over 10% fall
pretty skeptical, as in the retail people are more of in bearish mood (though they talk about bullishness), before making all the bears insolvent i am not expecting any big downward move
since its 5100-5200 all i have observed is that it has been a buy on dips market, rather than sell and wait market, latest example was 7950 low
in this duration sellers with patience have become heart patient