An exact bottom is difficult to predict but downside seems limited to the tune of few hundred points from here.
By ET Bureau | Updated:
'Spike' on the daily scale is the first sign of an approaching bottom. The momentum oscillator compliments the setup as it enters the oversold zone. An exact bottom is difficult to predict but downside seems limited to the tune of few hundred points from here. For investors, it seems to be an excellent opportunity to nimble.
F&O Strategy BHAVIN DESAI Head of Derivative Research