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(Querist)
10 February 2011 sir
What is your opinion about stock market,s continuing downward trend. is it reached the bottom orwill it continue.?

why?
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CA PARAS BAFNA

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CA PARAS BAFNA (Expert)
12 February 2011 It can not be continued so as in the last 2-3 months continuous hammering on the stocks has been done.

The selling pressure in the coming week will boost the chances of tremendous recovery now.
Short sellers will be in trouble.

The pressure has been sustained by the market. If we see the index chart has gradually came down in this period. Whereas if we see individual scrips, fall is rather abrupt. It shows that most of scrips are likely to reverse the trend and now will zoom.
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