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InsiderB
May 3, 2017 3:19 AM

Nifty : Bulls can Pull further more ?! 

Nifty 50 IndexNSE

Description

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 !

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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
Comments
SohilShah
1 day thy shall see 6800 too (window open )
InsiderB
@SohilShah, I would love to see, I feel excited even when I read that statement, Lol :P
VikramRajput
anyways i feel banks are costly now & I need a book to understand a bull Market and how it works
InsiderB
@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
Affu-Rida
@InsiderB, exactly
InsiderB
@djhimmu, yep
nirav5
Right words. Today Index can spend most of its day in the anticipation of Fed meeting outcome which will come tonight.
InsiderB
@nirav5, oh ! Is there a fed meet ?! * Facepalm *


Then probably today also we will range with 40 -50 points zone
nirav5
@InsiderB, Yes it started yesterday. Tonight output will come.
InsiderB
@nirav5, Thanks for the info :)
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