Sunday, October 23, 2016

Bull market to kick in once Nifty hits 9100 next year: Elara Cap

Currently, we are in a bounce and the bull market will began after Nifty touched 9100, which will happen next year, Harendra Kumar of Elara Capital said adding that new bets on the market will be placed then.

Eventually the structural bull market has to start very soon.. Also Number of IPOs are hitting the primary market..they are all getting oversubcribe..and most of them are getting listed atleast 20% above their issue price..
Lately i have been talking with say 10 people who are active in the stock market presently..today 5 out of 10 are saying give me stcoks to invest where the gains are overnight..gains should be such that to make big money overnight..fultu Speculation..other 4 are no less because they are also speculating but with little common sense..but all are trading in F&O..all want to make big bucks..maaza aavi joa...give such stocks..so now it is all about speculation..greed..big money overnight..entertainment..
Phase...today we are at the bottom of OPTIMISM PHASE..AFTER LEAVING THE TOP OF THE SKEPTICISM PHASE..Greed is dominating and fear is diminishing slowly slowly..

No comments:

Post a Comment