IS INDEX ANALYSIS OF SENSEX OR NIFTY IMPORTANT FOR DAILY TRADING IN INDIVIDUAL STOCKS?

THE ANSWER IS NO, KNOWING THE DIRECTION OF NIFTY AND SENSEX IS NOT SO IMPORTANT FOR DAILY TRADING IN INDIVIDUAL STOCKS, NOW U MUST BE THINKING, BUT DONT STOCKS GO DOWN IF MARKET GOES DOWN, THE ANSWER IS YES, THEY DO, BUT ASK YOURSELF A QUESTION?, DO ALL STOCKS GO DOWN WHEN MARKET GOES DOWN, THE ANSWER IS NO!!, U CAN TRADE AND ENTER STOCKS EVEN WHEN MARKET IS IN THE OPPOSITE DIRECTION, BUT YOU NEED TO RECOGNISE THOSE STOCKS. HAPPY TRADING.