The markets have shown resilience which does not seem to be resting entirely on natural factors, there is some management of it that comes on back of some interested parties. That’s a worry.
There is another risk lurking, it is in form of spate of IPO hitting the market and mopping up liquidity. This will make result is higher volume of floating stocks looking for permanent parking place. This may only happen when the price is attractive and not expensive.
So do invest at a right point and right now it’s not the right point.