- McClellan Index is well above EMA(59) and MA(100) suggesting more and more stocks are advancing which is probably a good sign for the market
- Nifty is above MA(100) and MA(200) BUT MA(100) has managed to get back above MA(200) which is also a good sign
- Mutual Funds - If still invested in equity funds then stay put but be ready to pull the plug. If invested in bond/debt funds then keep an eye on them and DO NOT take a loss more than 8-10%. It might be best to stay in cash/FDs/liquid funds/etc.
- Stocks/ETFs - ONLY invest in strong patterns with STOP LIMIT in place.
Market continue to remain near earlier HIGH but be cautious...