Stay light as bears may be preparing for short-term vengeance: Mehul Kothari of AnandRathi

A breach of 14,800 would lead to a sharper fall towards 14,600 due to unwinding by the Put writers. An attempt to clear 15,200 could be used to exit long trades, says Mehul Kothari of AnandRathi.

from Moneycontrol Market Outlook https://ift.tt/3s8Td8G