Tata steel seem to have completed a "5"; so did SAIL yesterday & reversed sharply. These are for sell on bounces with a close stop @ recent highs. Others-SBI, Icici bank & Rel.Capital - Looks OB but no reversal sign yet. Banking stocks could be a decider for the near term trend.
“Warren decided early in his career it would be impossible for him to make hundreds of right investment decisions, so he decided that he would invest only in the business that he was absolutely sure of, and then bet heavily on them. He owes 90% of his wealth to just ten investments. Sometimes what you don’t do is just as important as what you do.”
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