As they say ‘Time is your friend, impulse is your enemy’, we won’t be tempted.
No one can catch the bottom and we just had 2 days of fall. May be this is just a knee-jerk reaction or there might be bigger draw-down after the budget , we can’t say.
Hence till the time we don’t have any idea whether bottom-formation is there or any idea of direction ( confusion is because rest of the global markets are on upmove) , we can’t project upside or downside.
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