Making money in the market is buying low & selling high OR selling high & buying low in Bull & Bear markets irrespective of whether you understand the fundamentals or know what the Economy is doing.
Economic indicators lag more than a year and by then the prices would have plummeted.
I have just shown some stocks that are overdone in the Sellingside which may offer some compelling returns in the short term.
As the Nifty is trading in a range of 2600 -2830, a break above may attract serious short covering & some buying interest.Break below may witness some selling..
There are positive divergences all around and there were good volume backed buying in stocks last week and the fall from Fri high was a kind of corrective fall only.
Markets may not move up vertically like in a bull market. But they have started to rally good on every dips..So use those weaknesses(Patiently) to buy into some oversold, quality stocks for short term gains..
So many bad news., depressive indicators but markets are shrugging off all that which is a sign of bottoming (How long..we will come to that when we see a overbought readings..)
You want to be a bear...Fine, then short after a rally or when you see a overbought readings, etc..
You are a bull..then buy into falls and book out into rises till 2860 is broken on the upsides, then buy more and book out into overbought readings or euphoric rantings by the media..
Happy investing/ Trading and good hunting..
These are some sample charts picked randomly for patterns & price behaviour & +ve divergence display only. Do your own searching and take a call.I am not a stock picker..I tradeinniftyonly...