Nifty unlikely to go past 10,000 anytime soon, keep buying at low levels

For investment, buy in the range of 7,000-10,000 Nifty level - buy 5% at the 10,000 level; raise to 10% at 9,500; to 15% at 9,000; and then keep adding gradually at lower levels

The Indian equity market might have shown a solid rebound last week, but it is not completely out of the woods yet. The rally last week was mainly driven by positive global markets. In other words, the ripple effect of an international rally was seen on domestic equities, too. Therefore, there is a high possibility that this market rally will halt. I don't see Nifty going beyond the 10,000 level at this point.

On the economic front, I don't see a V-shaped recovery in the economy, as the stimulus announced by the government so far is not sufficient. So, a lot