NOT ALL ROSES ARE RED !!
The tremendous rise after a sharp fall usually leads to euphoria among retailers as they feel validated in their market view. However, a trader must have open mind to asses all possibilities. With this motto, i am sharing my analysis for NIFTY.
The rally is far from over. The average up move from the last down movement has been at least 3x the down move. The party must go on with small consolidations !!