InvestorQ : Do you suggest any stocks to buy fresh for 28 January?
Archita Jajjoo made post

Do you suggest any stocks to buy fresh for 28 January?

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diksha shah answered.
5 months ago
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We will take it easy as we have sufficient long positions in the market. For now, we shall not add any more positions to our existing longs. However, there is the distinct possibility that the indices could see further correction till the time the VIX stabilizes closer to 20. The correction was inevitable in the light of steep rise in VIX and overdose of longs.

The one question traders and investors will be bothered about is whether this market would have further legs from these levels. There is not much that can be said till the VIX stabilizes and tapers closer to 20. However, pockets of value will still emerge. Quarterly results have raised concerns that Q3 may not be as encouraging as Q2. That may be an overhang.

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