Keep an eye on Crude Oil prices and Rs/Dollar ... both are crucial for Indian market... crude is the decisive factor for checkin the Inflation factor in India.
In my view yes we are in bearish markets... but javing said that I also beliece in contrarian trade... you can see every strong decline is followed by a good comeback esp in real estate sector... I do not follow the technical analysis and analyst calls...
My strategy is .... wait (with a lot of patience).............. watch (for the markets to go down by 3-4% and watch out for the stock which is hit hard like 10-12% down especially in real estate sector like unitech, indiabulls or DLF) .......... Sell (at next day or same day)... but the thing is ... square off asap...
Thats my strategy....... you can choose urs... and share ur experience...
Bye...