InsiderB

Nifty : Bulls can Pull further more ?!

NSE:NIFTY   Nifty 50 Index
We are repeatedly discussing this is completely inflated bull run and I'm not sure how long this run will exist but the longer the inflated run, the bigger the correction. We are all gonna love it, we will rock with bears thats for sure but just wait for it. Now its not the time, so whatever the bullish run offers bag it. There is not even slightest retracement for 1500 points move but people are expecting 10000 on Nifty             , ok I completely agree, even I would love to see... but where is the relief for bull run ???, is there any analysis I would like to know, very curious for that. I'm desperately waiting for that relief and even those bulls are exhausted but still running bcos of peer pressure.

Happy Trading !

Trade active: Nifty view remains exactly the same, No change in that.

I would suggest you guys to check on 5 mins Nifty May Futures and its beauty of channeling, So an awesome Move for Intraday Traders awaits on Breakout. Don't Miss it !
Comment: Test of 9320's and there it will decide whether range day or pullback, take care

similar story
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Trump with trillion dollars infrastructure development, tax cuts and so on led to this. Once the reality hits and if there is a recession even the fed won't be able to do anything now. They can't do negative interest rate! Anyway a correction would be warranted.
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InsiderB inderjeet05
@inderjeet05, yes, as of now everyone is in their own dream land, people will get out of slumber soon. US Feds already strated to check impacts of negative interest rate under Obama itself ( as study purpose, but whats the need now should be the real question )
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1 day thy shall see 6800 too (window open )
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InsiderB SohilShah
@SohilShah, I would love to see, I feel excited even when I read that statement, Lol :P
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anyways i feel banks are costly now & I need a book to understand a bull Market and how it works
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InsiderB VikramRajput
@VikramRajput, Not just banks, everything is overvalued and inflated except IT industry and Pharma companies. Only a correction will clear out the things for all of Us
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djhimmu InsiderB
@InsiderB, exactly
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InsiderB djhimmu
@djhimmu, yep
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Right words. Today Index can spend most of its day in the anticipation of Fed meeting outcome which will come tonight.
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