Black Friday in Indian Stock Market Can be Seen Tomorrow
India is on 3rd stage of Corona Virus, number of cases are increasing at daily basis. Now the fact is investors are in panic with the pandemic Covid-19.
Keeping cash in hand might be an idle for all to sustain life if lockdown continues more. With no income individuals is better to sell off equity and keep cash reserved for necessary time.
In coming days, our Indian PM can take more days to free lockdown keeping the increasing number of cases on eye. We should obey the lockdown process in serious note from today onwards.
As the Covid-19 infected cases has increased significantly. Expert says next 10 days is very crucial for India. If community spread diseases doesn’t stop then lockdown can extend till May end for sure.
For the safety of your life it is necessary not to take Corona Virus lightly. Avoid going out, if you are alive and not caught Covid-19 thank to God keeping you fit and fine.
Well during Pandemic Covid-19 avoid stock market now condition is like pump and dump. Big players who is sitting with huge money can earn in this market while doing long and short
But the current situation can take Nifty Index to it’s 52 weeks low anytime. So be alert with your investment as I used to guide retail investors. I feel happy to safe some one money from loosing in stock market.
Tomorrow I think we can see a Black Friday in Indian Stock Market so avoid taking long position and keep strict stoploss. Now all the corporates are in lockdown no source of income is generating so how could we expect from the corporates to give you high return for your equity investment.