DOWN LEVEL DROWNED???

If you squeeze tomato you will get some juice but if you do the same the world (globe) you will get the red carrot juice -like- through investors eyes. You cannot imagine the feel of the individual small investors.  If any one is with surplus money O K. But for middle class small investors there was no recipe.  The speed with which markets were fallen yesterday shows that the bottom was drowned and we have to search for it in the Pacific ocean. 

 But I feel the bottom may be nifty 2300 and the range for trade for further months may be max 400 points upside. One for a trading purpose can buy and sell some stocks that too index based for quick gains.  

FUNDAMENTALS, the spelling was broken and we have to construct it later. BOOK VALUE is history the stock market and its prices are future predictions.  Like some TV channels says that the prices are attractive at these levels are not at all good. The fall should be time tested at least for a quarter to enter for investment/average buying. If everything not goes unwell one may go for long at Nifty 2300 level.

F & O data is showing huge shorts into the system that may lead further down turn to the markets.