Generally I do not write or analyse on the market predictions. But one of the friend shared a msg on Nifty predictions let’s try to analyse it.
Don’t confuse brains with a bull market….. How much Nifty can rise in current bull market….?
Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria
– Sir John Templeton
India has first major Bull market when Sensex moved from 400 in 1989 to 4546 in April 1992 a Rally of almost 1100% in matter of 3 years which will be remembered for Liberalization and reforms by Manmohan Singh . Continue reading “Predicting the Bull Market”
The Indian markets benchmarks Sensex @29000 and Nifty moving towards 9000 mark, has the music begun, has the party started? Many of the Market Bear analysts have already cautioned the move. Too much information these days in market is extremely dangerous.
Has the bubble formation started how long it will last, to be honest I don’t know. Bottom line the long-term story remains bullish and if you are in quality stocks you will get returns.
So how do we identify the bubble problem, the problem with bubbles is that if you sell stocks before the bubble bursts, you look foolish, but you also look foolish if you sell stocks after the bubble bursts.
“Stock market bubbles don’t grow out of thin air. They have a solid basis in reality, but reality as distorted by a misconception.” — George Soros Continue reading “Identifying the Bubble”