Expect the benchmark index or the Sensex to gain more than 150 points or close to a percent after the massacre yesterday
We do not advise buying stocks at current levels and every pull back should be used to trim your holdings. We foresee a better entry point for investors with a long term horizon. we are of the opinion that investors and traders should take a break from equities at this point of time and revisit the markets after a month or so, before placing their bets. We see the Sensex facing severe headwinds at 16,450.00 level from a short term perspective