For Thursday I suggest you refrain from adding any fresh stocks and let the F&O expiry get over. I do see a spike in volatility as some long unwinding is inevitable on F&O expiry day considering that markets are heavily overbought.
Hence, I am not suggesting adding fresh stocks for today as we already have a number of positions open in the market. It is better to see through the expiry on Thursday and take a fresh view on Friday, when the post expiry trend gets clearer. Let me assure you that the undertone of the market stays bullish, unless they indicate otherwise.
For Thursday I suggest you refrain from adding any fresh stocks and let the F&O expiry get over. I do see a spike in volatility as some long unwinding is inevitable on F&O expiry day considering that markets are heavily overbought.
Hence, I am not suggesting adding fresh stocks for today as we already have a number of positions open in the market. It is better to see through the expiry on Thursday and take a fresh view on Friday, when the post expiry trend gets clearer. Let me assure you that the undertone of the market stays bullish, unless they indicate otherwise.