Hello Everone,
I was not active for last many days because i didnt want to jump to a conclusion but todays' fall has confirmed that its not a mere correction but after many years the bull market is under threat, and we can continue to be in a bear market for atleast 6 months - 1 year and the prices will break badly, all the players,long, medium or short term should keep in mind to short or sell the market not to buy.
For technical players, weekly close below 4900 nifty should confirm the trend.
If we are lucky we may escape with only 1-2 mnth of correction,but looks unlikely.
Anyways if i get any signal that bear move has ended, i will keep you informed
Regards
I was not active for last many days because i didnt want to jump to a conclusion but todays' fall has confirmed that its not a mere correction but after many years the bull market is under threat, and we can continue to be in a bear market for atleast 6 months - 1 year and the prices will break badly, all the players,long, medium or short term should keep in mind to short or sell the market not to buy.
For technical players, weekly close below 4900 nifty should confirm the trend.
If we are lucky we may escape with only 1-2 mnth of correction,but looks unlikely.
Anyways if i get any signal that bear move has ended, i will keep you informed
Regards