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Saturday 16 January 2016

SUZLON

The enemy (read Bears) has succeeded in breaking the gate walls of the fortress which was held strongly till now and the share has closed below Rs.20 on higher volumes. Expect further downward pressure in the share price. Next supports to watch out are at Rs.18 & Rs.16. Do not get tempted to buy any share at this stage but you must *use rallies to sell*. If net-net you are able to come out of your portfolio with profit, be happy and consider yourself fortunate. The market has now entered a Black Hole and no one knows the depth of it. The Bear Market can be merciless in making you a bankrupt if you are not watchful. Give priority to CASH and *not* STOCKS.
 A bird in hand is worth two in a bush.

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