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Investors should exercise caution as per experts ..I think traders should be cautious.

sunil jain's picture
Submitted by sunil jain on October 21, 2009 - 21:05

Markets are selling in last hour of trading , what does that mean. Certainly this is not good news for traders in short term. Institutions are booking profit and volume is high.

As far as investors is concerned , its all a game of stock picking. Pick good stocks for medium term and you will be better off. Time to focus on good midcap stocks , both large cap and small cap are overstrected.

As per one expert ``The market had to contend with profit booking today. The attempts of the market to enter the green territory failed. The selling was particularly strong in the last hour of the trading sessions. The declines were significantly more than the advances. ``

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