all major indices worldwide have been giving signals for weeks now that momentum was lost and that extreme caution was necessary.most people on hotcopper chose to ignore this.also the rally did not support fundamentals but was supported by hope instead(big mistake).sure there have been plenty of intraday trades but holding stock the last few weeks has been a big no-no and will continue to be.even intraday trades may become difficult especially as paricipants drop of as is evident already by the falling volumes.
