Week 04-2020 Mid Week Update

Market has remained in bear grip with daily closing continue to fall and below its intraday open. Index continue to make higher low on the top side and lower low on the bottom side. 

DoD basis, market cap has been falling steadily ever since current week opening. Looking forward to the rollover week ahead we expect profit taking to continue and market to remain in consolidation state. This will be opportunity for patient investor to accumulate the dip.