Again, with the global cues, as they are - expect a Gap-Down opening to our markets today as well.
While we are trading at levels from where a bounce back is possible, its difficult to see that happening in the near term as the markets are being pounded on the basis of global fear factors. If you have been short on the markets, it would be a good idea to use the expected Gap-Down opening to book profits and reduce your positions before the weekend.
This is no time for long term investors/value-seekers to enter the markets.
By reading this, you are agreeing to the Disclaimer and Exclusion of Liability at http://www.raghavs-picks.