In response to the negative divergence in Nifty and some other indices we have had a corrective market. But in the backdrop of election outcome nervousness, some amount of volatility is always expected in the markets.
I would not read too much into these divergence observations as long as key levels are held during corrections. I feel this is the best time to watch out for companies declaring better than expected results and encouraging commentary and make a list of such companies and levels at which to buy these companies. During bouts of intense volatility, this list can come handy. (don’t ask me for my list. )
@jp_sharma I don’t track the renewable space. Big miss for me.
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