Bank Nifty : 24/03/2020
Hello Everyone !!
These are unpredictable, unprecedented times for the world and
the market in general... With the world going in a lockdown its hard to say
where is the bottom... My humble advise to everyone would be to trade
cautiously and with small positions only especially when you carry forward
your positions... To give you a small example of the terrible volatility - look
at the Dow Futures today .. In the morning they hit the level down making a Low @18068
and then after the Federal Reserve pledged asset purchase with no limit to
support markets it touched a High @ 19800 and even then Dow opened in Red
Trade Small > Trade Cautious : Technicals have no meaning in this market and
yes Stay Safe > Stay Indoors !!
These are unpredictable, unprecedented times for the world and
the market in general... With the world going in a lockdown its hard to say
where is the bottom... My humble advise to everyone would be to trade
cautiously and with small positions only especially when you carry forward
your positions... To give you a small example of the terrible volatility - look
at the Dow Futures today .. In the morning they hit the level down making a Low @18068
and then after the Federal Reserve pledged asset purchase with no limit to
support markets it touched a High @ 19800 and even then Dow opened in Red
Trade Small > Trade Cautious : Technicals have no meaning in this market and
yes Stay Safe > Stay Indoors !!
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