SENSEX 30250 and rising experts on various forums. Time to sell ?

Discussion in 'Ask A Query About Your Stock Picks And Portfolio' started by Guru Vachaal, May 11, 2017.

?

Do you think market has peaked ?

Poll closed May 26, 2017.
  1. Yes

    50.0%
  2. No

    50.0%
  3. Can't say

    0 vote(s)
    0.0%
  1. Guru Vachaal

    Guru Vachaal Let's discuss the fundamentals..

    Joined:
    Apr 3, 2015
    Messages:
    322
    Likes Received:
    207
    Whether this RJ forum or ValuePickr or Moneycontrol or CNBC TV, experts are advising and giving higher targets.

    Now new small players are entering to make easy money.
    On the other hand, when SENSEX was at 22909 in the year 2016 online forums were empty and people were hesitant to buy.

    I can sense that market has probably topped and its time for the correction.

    If market falls NIFTY will reach 8850 to 8550.

    What is your opinion ?

    SENSEX 30250
    NIFTY 9422
     
  2. w4wealth

    w4wealth Well-Known Member

    Joined:
    Oct 16, 2015
    Messages:
    1,042
    Likes Received:
    339
    i think the bull run is in first phase. excited common man is coming into markets like bees in lakhs.it is just starting of their excitement. although nifty is at 24 pe retail common investors dont know what is pe. so in my opinion, market will only go up in short term.
     
  3. Guru Vachaal

    Guru Vachaal Let's discuss the fundamentals..

    Joined:
    Apr 3, 2015
    Messages:
    322
    Likes Received:
    207
    But it has been a long bullish journey since 22900 levels and market is very likely take a breath.

    Lets see what happens in coming weeks
     
    w4wealth likes this.
  4. Farhan Ghumra

    Farhan Ghumra Active Member

    Joined:
    Nov 11, 2015
    Messages:
    223
    Likes Received:
    105
Loading...