Nifty begins to inch up after a
minor hurdle following central banks event risk. This makes investors more
optimistic that any news, even if it is adverse will not last long. If a bad
news hits the market and it brushes it to continue in the rally mood, it is an
indication that the market has already discounted the event or there is more
strength than the negativity is presumed to be. So, the present market is
clearly in a bullish trajectory. But why is there no great activity that gives
robust moves pretty faster to make the bullish stocks multi baggers.
There are very few stocks giving
strength to the present rally on the broad indices. Infrastructure is sure
leading the markets now, but it needs support from other sectors preferably the
Finance sector. But, at the moment Finance is not so strong. This would mean a
challenge for the current rally, hence the slow inching up of the Indices in
the market.
A good thing about Nifty now is
that it has opened itself out into a bullish trend on the daily charts; this
would mean continuation of the present rally for some more days to come. For
the short term traders it is a galore of opportunity every other day in the markets.
Markets go in a cycle, along with up and down movements; it continuously
rewards each participating group, giving them their right share of opportunities
and MONEY. Let’s make it big when the opportunities favor us the best.
Happy trading.
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