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Shorting opportunity open for short-term traders: Sukhani

Everyone is expecting for a huge correction, but such a correction may not happen very soon, says Neeraj Deewan, Director, Quantum Securities. For now, market is in a very positive sentiment. Till the 8500 level is not broken, such correction may not occur.

August 10, 2016 / 16:23 IST

The opportunity for shorting seems to have finally opened up for short-term traders at current levels, says Sudarshan Sukhani, Market Expert, s2analytics.com. For long investors, any dip is a buying opportunity.Everyone is expecting a huge correction, but such a correction may not happen very soon, says Neeraj Deewan, Director, Quantum Securitie. For now, market is in a very positive sentiment. Till the 8500 level is not broken, such a correction may not occur. The markets saw a massive decline today on closing, with both Nifty and Sensex shedding more than 1 percent.

first published: Aug 10, 2016 04:23 pm

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