Overall market trend is still down: Rajat Bose

http://economictimes.indiatimes.com/markets/stocks/views/recommendations/overall-market-trend-is-still-down-rajat-bose/articleshow/9795131.cms

Rajat Bose, rajatkbose.com in an interview with ET Now talks about his
outlook for Nifty.

What do you make out of this particular aspect where the discount is
just widening right now, more leverage positions on the short side
vis-a-vis also what we are seeing on the Bank Nifty which has started
moving lower...

Bank Nifty is still about 0.2% higher from yesterday's close whereas
the Nifty Futures has already started moving down but the fact that
discount is increasing means that fresh short positions are being
created and this would also get testified if you look at the option
chain of the Nifty Futures.

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