Yesterday Indian markets were too expensive and had run ahead of valuations, hence it was sell-sell-sell. Today the market looked very cheap, high quality stocks were available at reasonable valuations, hence buy-buy-buy!
But 150 pts down one day, next day 150 points up. When market behaves like T-20 matches, something is cooking. Either a real V shaped recovery with rocket like up-move or another leg of correction.
| NIFTY 
