The longer bulls survive & cheer in Nifty the scenario is gets worse day by day, its not something that reversal will happen 2mrw or next week but it's bad for Market participants. These are days where you need to keep an eye on your portfolio even if its long term ( when bear strikes, re-align & cut down some loss ) , till that time watch your positions burning midnight oil.
The scenario is not rosy as a year back where all cheered for bulls,
i) Funds started to increase their cash reserves ( slowly cutting down their positions)
ii) Some Mutual Funds for time being stopped SIP;s for time being, they can't withstand the inflow ( Fund size getting bigger, so they need to cut down for performance)
3) Even Nifty makes New highs, Advance/Decline ratio is pretty bad everyday
These are not to create panic, some macroeconomic events to keep ourselves awake & stay ahead of Game. As long as these bulls grind n survive make whatever you can, grab those, be it 10 k or never a 10k & just range, irrespective of the scene but keep an eye on your Portfolio bcos more than Nifty, it will get hurt badly.
Note : Little hectic week , so pls adjust with My slowdown of Posts :)
I didn't reply to PM's & Comments for last few days Sorry Guys. Hope you understand !
InsiderB