TRADING OUTLOOK - The Shanghai Index has dropped over 5%. The Indian IIP numbers were not that great. Its bound to create some fodder for the shorts. So the best thing to do for now is:
a) Avoid trading till a clear trend emerges
b) Don't try averaging in a sharply falling market
c) Close out your trades if you cannot afford to see bigger losses
d) If you have technically strong stocks, check if they are close to a support
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