Regarding past history of market movements, the only rule that stock markets follow is that they follow no rules.
I am usually not involved in the prediction game. I prefer to follow the trend objectively without listening to noise. Till now markets have shown a lot of strength and resilience. What happens going ahead needs to be seen in terms of how things pan out. I don’t go ahead with any pre conceived notions or theories. There are some pointers to watch out for in terms of too much froth etc, but in our markets we have seen periodic corrections of varying degree, without really damaging the overall trend.
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