Confusion prevails as bulls attempt to rebound
Post its substantial decline since the budget the markets are attempting recovery as we head towards the end of July expiry. While the hesitant bullish charge continues to make its way upwards. Certain stocks are showing some sterling recovery either due to its oversold conditions or due to some newfound value proposition that is being discovered. The trends continue to exhibit some strength and the markets are still not ready to give up. Result season is underway and could now produce some stock specific action for the coming weeks.
An interesting time to watch out for in the markets.With the result season ahead of us we need to step carefully as large scale volatility has left every trader and investor bruised and battered. Every hope of bullishness now would be seen with a not giving complete clarity yet. The damage to the sentiment will need some time to recover as we try and decode the mystery on the current state of affairs.
An interesting time to watch out for in the markets.With the result season ahead of us we need to step carefully as large scale volatility has left every trader and investor bruised and battered. Every hope of bullishness now would be seen with a not giving complete clarity yet. The damage to the sentiment will need some time to recover as we try and decode the mystery on the current state of affairs.
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