“Traders will stare at the prospects of 17000 again, for the August expiry, but will fancy slim chances of recovery, should Monday volatility fail to penetrate 17600 and manage to pull back above 17720 which meets the internal trendline. Inability to do so will call for 17300 initially,” he added.
Banking and finance sector holds promise for absolute positive returns: Vetri Subramaniam
There could be periods of the market in which you want to be 100% momentum and that will be the best strategy to run with