Sell on rise is the strategy with at-least 1500 points down south in next few trading sessions. NO Stimulus/packages can alleviate fear. All these are stopgap solutions. Usually with RBI's cut of 50 basis points markets used to go mad and surge nonstop BUT despite a huge cut today markets didn't cheer much that itself is an indicator of bearishness ONLY the analysts cheered at the measures of RBI. With rise of Corona in USA, twilight any time soon in markets is a distant dream!
Sell on rise is the strategy with at-least 1500 points down south in next few trading sessions. NO Stimulus/packages can alleviate fear. All these are stopgap solutions. Usually with RBI's cut of 50 basis points markets used to go mad and surge nonstop BUT despite a huge cut today markets didn't cheer much that itself is an indicator of bearishness ONLY the analysts cheered at the measures of RBI. With rise of Corona in USA, twilight any time soon in markets is a distant dream!