Brexit and Fed : Extreme volatility ahead

The markets are trying to figure out the  possible impact of Brexit . As we near the referendum date we may see some increase in volatility . The Fed meeting and the next interest rate will also keep the markets on their toes.

NIFTY may correct further in line with the global sentiments . However for India the long term trend remains towards the upside.

Traders can play the volatility with shorts with a strict stop loss . Investors may weight for the market to correct further and start buying is NIFTY breaches 8000 mark .

Logistics companies with strong fundamentals like Concor , Gati and Snowman will gain once the GST is implemented .Investors should accumulate these stocks as the markets corrects.

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