Nifty continues its uptrend. Until the market is bearish it is bullish. So we have to respect the trend. Although this might be the final leg of the up move.
All investors are bullish now. This is the clearest sign of a major correction on the horizon.
A close below 5200 for a few days could signal the downmove. Till then stay long. Or be wrong!
Thursday, January 14, 2010
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