Market will be in downtrend for few weeks since global market is also not supporting.My advice would be to short sell nifty and be cautious on long term calls.The market is really finding very difficult to sustain the 1800 levels and will now head towards 1650 to 1700 levels for correction.So be cautious if you are planning for long term calls.however short sell can be a option if you are looking for some earning opportunities.My advice is to wait for the market correction if you are looking for buying oppertunities,try collecting stocks around 1700 levels for atleast period of 1 year horizon to gain healthy minimum 20% returns.Wait and watch out for the stocks which i am going to tell to buy on future days for healthy gains.
Cheers
:)
