- · Yesterday, correction was witnessed in the market, which is quite a normal phenomenon post a strong rally in the last week. Some more correction won't be surprising too. Ignore the Bears & PREFER the Bulls should be the ideal strategy.
· Ignore the Bears even if they seem to be appealing (Except Certain Stocks).
· PREFER the Bulls if you dare to be Positional & should be the most rewarding strategy. Consider lower levels as a BUYING Opportunity. Minimize Trading for the week.
· Stock Specific Trading highly recommended. A GROUP stocks indicating extreme wave patterns.
· Time for some aggressive action in Options (Stock / Index).
· Positional Option strategy should be selective & the contract selection is utmost important.
· Happy Trading..
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