Indian equity market had entered a bear market phase when it broke an important support of 5900 in Nov 2010. Now until unless we have a weekly close above the same we are in clear bear market.
The strategy for bear market is to exit on highers levels as and when we get them.
The global markets especially the US markets entered bear market phase last week. The general tendency of the market is to predict what lies in store for the future. Now that we have entered a bear market in US, we can safely assume recession is not far in US.
Hope this blog helps you save some capital in the highly volatile future days.
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