NIFTY ANALYSIS.......
Now in hindsight you will all Agree that Nifty is Trading within a Zone of @14150 to @15500 or so......
Just Few Weeks back when Nifty had made a Low of @14150 or so i i had written that it is a BUYING Opportunity for Investors.....
but then Who would believe me because we were going through the worst 2nd pandemic wave of Corona Virus and All states were implementing Lock Downs......
So Nifty after Correcting have once again bounced back to its lifetime weekly High closing.........
now the question arising once again within you is Will the Market resume its Uptrend and make New Lifetime Highs......There is Fear of market going Up.....FOMO...... and also Fear of Falling from Current LEveLs.........Doono baaju Fear hae.......
hahaha.......and once Nifty just incase StArtS making new Lifetime Highs the whole world WILL once again bounced back to start Buying at still HIGher Price LEveLs.......
But i have repeatedly written that henceforth The returns which we can get from the market will be with very slow momentum and only Investors with Boring Investing Attitude will be benefitted.......
Still i think the Trading Range is intact but eventually within the next Few Months as the ongoing Correction gets over and the Low is Confirmed @14150 ......@13800...... or Still Lower....... thereafter Market will again Resume its Bull Market Rally on the Upside to New Lifetime LEveLs......
it is my personal opinion and view only and not a recommendation to buy or sell and I reserved to be proved Wrong also.
please consult your financial advisor before making and taking any financial or Investing Decisions
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