Today’s action:
The major stock indices declined further today, widening the gap from their all-time highs. The Nifty Midcap index and Smallcap indices recover sharply.
Current Outlook:
● Market environment conducive for new purchases, but remain selective.
● Focus on fundamentally strong stocks breaking out of sound base patterns.
● Stay disciplined and exercise sound buy and sell rules.
Continue reading “Daily Big Picture – Lack of Positive Cues Drag Key Indices Down”