Although I do expect that a faster recovery is possible in Nifty, this will be due to the cheaper valuation and the retailer capital flowing into the market. But the global economic scenarios and fundamentals are not that positive. Given the situations and economic impact due to the ongoing war and also the rising inflation, there is a high probability that the institutions will consider selling into the market even the market rises.
So ultimately I do believe that the retailers will be trapped at the top of the market around the 18K levels.
Will be exiting my positions slowly and gradually as the market approaches the all-time highs depending on the price action and the market scenario at those moments.
So ultimately I do believe that the retailers will be trapped at the top of the market around the 18K levels.
Will be exiting my positions slowly and gradually as the market approaches the all-time highs depending on the price action and the market scenario at those moments.
