Market Update #10

The trend reversed yesterday and we saw a quick selling. Market is now completely under sellers control. Yesterday's price action was the first sign of trend reversal. If next week NIFTY closes anyday below 17470 and USD/INR starts moving above 80, that will be a confirmation of short term reversal.

Focus on your portfolio and not on NIFTY. Follow strict stop loss on all your stocks. Be cautious, the market is very volatile.