MARKET FUNDAMENTAL VIEW
Tomorrow market is in Uptrend as nifty is closed above both the short term moving average (15 days and 30 days) and in daily chart a hammered type formation is there which is a trend reversal pattern
The Indian stock market after hitting historic highs has begun to show signs of uneasiness as valuations have run up and earnings recovery yet to catch up to markets up move.
We need to understand that normal problems which investors faces with equity investment is-
At the outset we would like to wish our members a very Happy Diwali. May the festival of lights bring in all
The million dollar question that springsin everyone’s mind is” Where is the market headed” and whether valuations are stretched?”