reffer chart if 11200 not sustained or consolidation not happen in coming days 10700 may touch and market may go side ways as history
1) The market is already on its peaks few weeks back
2) Corona Virus will not have any impact on FMCG & Banks Though these sectors have fallen heavily
3) it indicates that Big players or Market profiters waiting for profit booking now corona is a just reason used nicely
4) Always correction is good in the market
5) Small investors can start buying some good stocks slowly - (RELIANCE, HDFC, HDFCBANK, INFY, TCS, LT, ICICBANK, BAJANFIN etc.,) i will post long time support & resistance for good stocks next to this post
6) nice time to start Index funds /ETF(Nifty, Banknifty & Next 50) in 3 parts 30% - 11200, 40% - 10700, 30% - 10300
1) The market is already on its peaks few weeks back
2) Corona Virus will not have any impact on FMCG & Banks Though these sectors have fallen heavily
3) it indicates that Big players or Market profiters waiting for profit booking now corona is a just reason used nicely
4) Always correction is good in the market
5) Small investors can start buying some good stocks slowly - (RELIANCE, HDFC, HDFCBANK, INFY, TCS, LT, ICICBANK, BAJANFIN etc.,) i will post long time support & resistance for good stocks next to this post
6) nice time to start Index funds /ETF(Nifty, Banknifty & Next 50) in 3 parts 30% - 11200, 40% - 10700, 30% - 10300