DON'T THINK --JUST SEE IT

As per previous day's trades I felt that our markets have taken a swing reversal at Nifty 3333 low and closed at 3513.  But the F & O data and the global cues says that don't predict the lows and just see it what ever happens.  Previous day's FM statements and DII buy out resulted in recovery of our markets from lows.  But, will our DII s give the same support today.   We missed the lower circuit yesterday but for today?  ?  ?.   One action from our RBI is another CRR cut & PLR cut ?.

Yes really it is an unprecedented situation in the world and every country has to swallow its part. Let us wait and see what happens on the silver screen ( on the ticker screen) Nikkei is at 10% low presently.  What are the statements for today from our heads?

Another point to observe is that one has to be brave in the catastrophe days and search for opportunities.  I feel that our markets will swing wildly to up side also (range may be 400 pts nifty) in this month but from where it swings is the greatest  discovery.  I fell nifty 3200 is a good support else 2900.  If the bounce is from 2900 it will be strong enough to make our investments i.e., calls  to multiply 5-10 times in 24/48 hours time period.  Let us wait whether we get this chance at Nifty 3200 or 2900. GOD HAS TO BLESS US.