JET HAS FALLEN DOWN SHARPLY. AND NEAR SUPPORT LINE...... NIFTY ALSO DOWN FROM 8700 TO 8100....
IS IT GOOD TIME TO DO BOTTOM FISHING ?
WELL RISK IS ALWAYS THERE IN ANY TRADE . TECHNICAL INDICATORS ARE NOT IN FAVOUR OF BUYING AT THE MOMENT.
HOWEVER SOMETIMES TAKING CONTRARIAN VIEW HELP GET QUICK AND BETTER RETUNS . OF COURSE IT HAS INHERENT
RISK AS WELL. SO ITS ONLY FOR DAREDAVILS.......
NOBODY KNOWS FROM WHICH LEVEL IT WILL BOUNCE BACK BUT I FEEL ITS LESS RISKY STOCK AT THESE LEVELS....
IS IT GOOD TIME TO DO BOTTOM FISHING ?
WELL RISK IS ALWAYS THERE IN ANY TRADE . TECHNICAL INDICATORS ARE NOT IN FAVOUR OF BUYING AT THE MOMENT.
HOWEVER SOMETIMES TAKING CONTRARIAN VIEW HELP GET QUICK AND BETTER RETUNS . OF COURSE IT HAS INHERENT
RISK AS WELL. SO ITS ONLY FOR DAREDAVILS.......
NOBODY KNOWS FROM WHICH LEVEL IT WILL BOUNCE BACK BUT I FEEL ITS LESS RISKY STOCK AT THESE LEVELS....