NIFTY obeying DOW Theory!!
- FIIs net sold for the day is about Rs 505.79 CR
whereas DIIs net sold Rs 2578.22 CR
- Both were booking their profit not only today from past few days
- Still market is rising due to news that indian stock market is trading at life time high , this is the news bringing new investors and Urging retailers to invest in market but no one noticing that smart money is pulling out from the market
- this where retailers get stuck in and this where everyone start panic n blaming the market
- i'm not telling that market will turn into Bearish
- but market will get correct or consolidate for some period
- Stay light with Quantity
- Move from Quantity to Quality
whereas DIIs net sold Rs 2578.22 CR
- Both were booking their profit not only today from past few days
- Still market is rising due to news that indian stock market is trading at life time high , this is the news bringing new investors and Urging retailers to invest in market but no one noticing that smart money is pulling out from the market
- this where retailers get stuck in and this where everyone start panic n blaming the market
- i'm not telling that market will turn into Bearish
- but market will get correct or consolidate for some period
- Stay light with Quantity
- Move from Quantity to Quality
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