General Trading Chat

Gap between HDFC and HDFC bank is reducing .

Smart_trade
 

vikas2131

Well-Known Member
Ridham Desai of Morgan Stanley says he expects Nifty to triple in next 3 years...( take it with a pinch (or bucket) of salt :D) .He also says that 5-10 % correction can come anytime.

Markets never go up or down in straight lines. It always has intermittant corrections. So as traders we have to trade what the charts indicate, as corrections also could be meaningful and tradeable.Markets can go up further as the liquidity is fuelling it up but we should be careful as and when the correction starts...even 300-400 nifty points correction is large enough for we traders.

Smart_trade
WE are in the last stages of bull market ..market always rises exponentially in this stage..you would know that after all u were there in 2003-2008 period when market went from 1000 to 6000.. So it is possible market might double or even triple from here easily..Though what is going to happen after that ..will be a memory for many lifetimes :D
 

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