investment strategy: Will the market rebound or continue its struggle? Sandip Sabharwal answers
“So, like I said last week that we have gone fully invested, so we are not keeping cash at this stage because in my view the risk-reward is for a potential 25% upside to a 5% downside,” says Sandip Sabharwal, asksandipsabharwal.com.
Last week was bad, will this week be better, now that is hope. Will hope turn into reality?
Sandip Sabharwal: The weekly predictions are turning out to be very difficult given the relentless selling we have seen from foreign investors. So, it has become more technical in nature where valuations are very much reasonable and many stocks and companies which are doing very well also have corrected significantly from the tops. But due to the entire fund flow picture and that combined with post selling on the margin…
Last week was bad, will this week be better, now that is hope. Will hope turn into reality?
Sandip Sabharwal: The weekly predictions are turning out to be very difficult given the relentless selling we have seen from foreign investors. So, it has become more technical in nature where valuations are very much reasonable and many stocks and companies which are doing very well also have corrected significantly from the tops. But due to the entire fund flow picture and that combined with post selling on the margin…