Isnt it difficult to predict...yes it is...because prediction is a fools game....anyways from the last few days am taking reports from my friends who are working in broking firms all provided me with the information that from the last few day retail investors who are their clients...selling their complete delivery stock holding in cash market....why because 10000 nifty levels is very high and market should correct from here is the perception of retail investors today....no doubt we are at 25PE as per todays data....But if all retail investors are selling then markets cannot correct and also the buying and euphoria what i experienced in Feb 2015 is complete not there....in Feb 2015 people were only buying as if there was no tomorrow...and these time it is completely missing today...so if they are selling then the question of the market correcting from here say by 12% doesnt arise for sure...So Psychologically i feel that the steam of the market is still left and all these people are going to be trapped finally is what i feel...The last gush of euphoria of the current rally is still left as per my views....Anyways i reserved to be holding my independent views about the markets and in no way am i giving recommendation to anyone to hold on to my views....
Note: but to what levels the nifty will travel from here is very difficult to say...also coming 3/4 days nifty might see a small correction...and thereafter will again resume its uptrend...
But i can be proved otherwise also....
Note: but to what levels the nifty will travel from here is very difficult to say...also coming 3/4 days nifty might see a small correction...and thereafter will again resume its uptrend...
But i can be proved otherwise also....
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