Where it is going ?
- Market could stabilize at the 200 moving average point around 11750.
- Breakouts are not working at this stage. Lot of volatile on individual stocks.
- Longs and Shorts are not working.
- Patience is key at this point.
- Personally I like this pullback and it will provide good longs in future and can put more risk once it stabilize at the 200 day average.