Buy on declines would be the prudent strategy as possibility of profit booking at higher levels cannot be ruled out which would offer incremental buying opportunity to ride next leg of up move….

Dear Trader… Equity benchmarks witnessed profit booking as the Sensex achieved the psychological mark of 50000 and concluded the highly volatile week on a flat note. The market continued their weak trade on a volatile note after suffering steep losses in the previous two trading sessions but could not sustain it