Moneycontrol
Aug 23, 2011 06:50 PM IST | Source: CNBC-TV18

Play the market bounce but wear your guards: Atul Suri

Caught in a fresh global storm, Indian markets in the past week have seen colossal sell-offs. And, going forward things could get bad before they finally get better, says Atul Suri, trader at Rare Enterprises.


In an attempt to help investors learn how to invest smartly and reap the benefits, "The all new Investor Camp" presented by CNBC-TV18 and Trustline with Udayan Mukherjee talk to Atul Suri, trader at Rare Enterprises about the risks and the returns in various types of schemes as well as answer all stock queries posed by investors


Caught in a fresh global storm, Indian markets in the past week have seen colossal sell-offs. And, going forward things could get bad before they finally get better, Suri says. He believes the oversold market has room for opportunities for both investors and traders. "One can use the rallies intelligently to do what their personal strategy is but should always limit their losses," says Suri .


He believes the 4,600-4,650 levels at the Nifty should be good. With the ongoing global volatility he also says the next possible support is seen at 4,100 levels.

Below is an edited transcript of Atul Suri

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