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Last Updated : Aug 10, 2016 08:59 AM IST | Source: Moneycontrol.com

No trend reversal yet

The markets snapped its rally yesterday but honestly it didn‘t give too much of juice to the short traders as well because from the low point it bounced back as well. It would have been very hard for you to short at the top and buy at the low point.


The markets snapped its rally yesterday but honestly it didn’t give too much of juice to the short traders as well because from the low point it bounced back as well. It would have been very hard for you to short at the top and buy at the low point. The fact is that the market still is 50 points from its 52 week highs, so you are still making money by buying the dips rather than selling the rallies and that trend remains.

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First Published on Aug 10, 2016 08:59 am
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