First of all we will say one world Sorry for not updating blog on regular basis these days .
As we have posted on last post 700 points break out can come and this favoured mostly my bulls frds .PCR above 1.6 .But unlike jan this time many retails and traders are trapped on wrong foot shorting market on every rise so big correction can come unlikely as predicted by many gurus of stock Mkt .Its not worth to be more cautious and loose opportunity every time and again justify with some logic the same .
NO BIG CORRECTION IN NEAR TERM A CORRECTIVE RALLY CAN COME AS WE ARE APPROCHING DERIVATIVE EXPIRY TILL 4850..
No sign of toppish . Investors who have bought @ 2600-2800 can book 25% of portfolio to enter new virgin stocks .
Regards
NIFT TREND TEAM
