Market Outlook

Yesterday's bounce was little encouraging but we are still not out of the woods.Short term traders are advised to trade less and not hold positions for longer durations. One needs to approach this market on a day-to-day basis.We need to watch as to how far this rally goes. 5250,5400 and 5500 are next hurdles.

As I have said before,use the bounce to get out of your speculative positions as still the downside risks remain.Till we see a reduction in volatility and markets settles down, one can never be sure of the market direction.

Large cap stocks that look good are

RIL
SBI
RCOM
L&T
BHEL

Frontline midcaps

Punj LLoyd
IDFC
Kotak Bank
Relcap
Nagarjuna Construction
Welspun and
Voltas

When market crashes no stock will be spared. But when the market recovers we can make up for our losses if we have stocks like above in our portfolio.

- SageCapital

so are you a trader or an investor?? and your advise is for traders or investors? If you can answer this question, then you should realise that your advise is as useless as a raft in a storm. All the best

Dear member.

Please be polite. I know what I am. One can be a trader and investor at the same time. I was an investor in L&T when it moved from 800 to 4000+ levels along with stocks like BHEL, BL Kashyap, RIL, Akruti Nirman and a trader at the same time in stocks like Asian Oilfields, GujNRE Coke, JP Hydro, IFCI, VB Desai Finance and many more.

Also for your kind information I did not not loose even a single rupee in the market crash. But myself and my clients earned a lot by shorting it. So if you have something useful share it if not ignore the messages.

For the health of this forum please do not prolong the discussion. Thank you.

SageCapital