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Is market euphoric??

Discussion in 'Technical Analysis' started by nirajshah, Apr 25, 2017.

  1. nirajshah

    nirajshah Champion

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    Everything is going up and this is when news aren't so positive. Shall investors book profit and if not when one should.

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  2. shabbir

    shabbir Administrator Staff Member

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    I think the market is still not showing the signs of topping out and those sign will be critical to watch out for. Should be very soon. Once you see those topping out sign, should be ready to book profits.

    If you don't want to wait for the market topping out, you can start increasing your cash levels by 10% to 20% for every 100 points increase in Nifty levels.
     
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  3. raja_praveen

    raja_praveen Champion

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    This Question haunts me ,I am in search of answer.. When this rally ends ?? ... Market makers are waiting for a news that changes overall trend ..and the news may come shortly to TRAP retailers.
     
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  4. dhiren

    dhiren Member

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    In my view it's important to look out for technical signs. Also good idea to start looking at putting stops in place and play the game of trailing stops. Consider. Going by experience market can never be predicted. Cheers

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  5. smsuresh

    smsuresh Member

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    My Opinion: Ride the trend till it bends!! Market is in forward mode and waiting to catchup earnings. I think market heading towards 9600-9700.


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  6. bhat64

    bhat64 Apprentice

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    At these times I book partial profits on my not so big winners whose fundamentals changed due to various reasons and hold tight on to my core long term portfolio stocks which will grow further. This is a time I clean the weeds in my portfolio. I move those small profits from my not so big winners and keep it in ultra or short term debt funds until I find the next stock to invest in. Comments on this approach is welcome..


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  7. shabbir

    shabbir Administrator Staff Member

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    Perfect way to go about it. I also did the same. Not betting on big gainners to book profits but definitely on not so big movers.