Night is darkest before dawn. Sentiment has turned completely negative. It needs courage to go out there and buy. However, usually great buys are made during these gloomy times. So though further downside is certainly possible but selective buying in frontline stocks can certainly start from these levels. Also traders with a high risk taking profile may start building a long position in a staggered way keeping 5150 of nifty on a closing basis as a stop loss.
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