Hi Pankaj and Czar
Czar u said why not be patient and buy later. You see, no one can predict bottom. Yesterday I heard some on TV saying this market is breaking supports, most probably 9600 will not hold. Now u see we did not even test 9600. Buy when u feel comfortable with a stock, i.e., its valuation and its growth. Buy when market has declined to some good degree. My view also was of that we will test 9600, but as I told ideally with so many short positions markets, can give a quick rally, that is what they did. Now, we have to see follow through, what happens here. I today again bought some shares.
Czar u said why not be patient and buy later. You see, no one can predict bottom. Yesterday I heard some on TV saying this market is breaking supports, most probably 9600 will not hold. Now u see we did not even test 9600. Buy when u feel comfortable with a stock, i.e., its valuation and its growth. Buy when market has declined to some good degree. My view also was of that we will test 9600, but as I told ideally with so many short positions markets, can give a quick rally, that is what they did. Now, we have to see follow through, what happens here. I today again bought some shares.