Nifty Possibilities
Fundamentals - Strong as ever - Mutual funds inflow, Retails participation, strong economy, Pending election.
Weakness - Rally too extended, Retail participation moving all the stocks. No stocks is undervalued at present.
To watch for the levels and target is open.
On the upside - Consolidation can become part of a flag and if happens can give a significant move with retail frenzy.
Downside - if breaks, target is open as can go even 10% down based on the same retails booking
Weakness - Rally too extended, Retail participation moving all the stocks. No stocks is undervalued at present.
To watch for the levels and target is open.
On the upside - Consolidation can become part of a flag and if happens can give a significant move with retail frenzy.
Downside - if breaks, target is open as can go even 10% down based on the same retails booking
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