In the previous blog 04-Nov-2013 (Silver lining (Optimism) continues…Beginning of new era), I had mentioned
1) “….may be the upcoming rally will give opportunity to reshuffle portfolio...”
We saw mid & small cap rally along with large cap in past few months.
2) “Beginning / foundation for new era
In 1990-1998 we saw Sensex making top around 4000+ level & falling thereafter…. Post 1995 /1996 to 2000 we saw a major rally in software stocks….from 2003 to early 2008 we saw bull market….
…. In Apr-2009 we mentioned on blog about uptrend (Mousam Badal Raha hai….Marekt is changing itsDirection) in market (Sensex 10803) …..followed by blog in Jan-2011 (Sensex 18860) we updated change in direction to down (Mousam badal raha hai …. Reorientationrepositioning ….unfolding mystery)…..we believe currently market is at major junction which can mark / make foundation for new era -new beginning…..”
On Friday, 16-May we saw Sensex touching intraday high of 25375 (closing 24121)
Long term trend
As mentioned in past blog, I believe its beginning of multi-year bull market….Let us see how many times Index multiplies from breakout point of past high.
Medium term trend
From mid feb-14, we have seen market has been rising. On Friday, 16-May we also saw intraday market correction /selling of 1254 points (falling from high of 25375 to close 24121) Things will be clear in coming days whether we are looking for some consolidation phase / correction or it will continue to rise.
Invest for healthily returns
Be part of glorious future
Invest, Relax & Keep Smiling
Any purchase/sale of a stock involves a high degree of investment risk. Caution all investors that they may lose some or all of their investment if they decide to purchase any stock listed here.