More Pain to come #Nifty

This correction was not only long overdue, it’s been aided and assisted in a dogmatic assertion by Arun Jaitley (FM, India) and a global bubble of sorts, led by the US Markets.

There is more pain to come – if not in a further dip, then in a prolonged sideways movement with some shallower dips. It NOT the time to buy, yet, for LT Investors!

Patience will be rewarded in a generous way. Avoid trying to catch a falling knife.

Screenshot 2018-02-06 19.09.18.png

My expectation is that 10,028 on the Nifty is a possibility.

It is certainly NOT a time to sell, in panic!

@jsvasan

 

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