Our bearish view on the markets continues to get vindicated. Continue to remain short on the markets for the Short Term Targets of ~36600/10800. These targets will be delayed only if the markets manage to close and stay above 39000/115000 for at least 3 trading days. Till such time, remain short on the NIFTY and add to your shorts on every rise.
We continue hold stock-specific long postions and also added more long positions in the BANKNIFTY.