SM , you are 100% right . When I sell ,Stocks start going up and when I buy, stocks start going down.
I meant retail and U being retail I typed in You.
Why do you feel that Retail Participation will start After Nifty reaches 6200-6300 ? I feel then retail Investors will become more cautious as they would have seen the fall of 2008 and more over All TAs will keep shouting that nifty may correct any time.
Bcoz by that time the 'left out' feeling will have risen to unmanageable levels
Some how I feel Retail Investors will not participate unless there is a minimum 10-15% correction from any level and on other hand(sorry for my confusion) I think Nifty will not fall unless retail Investors start buying .
Maybe there will be no 10-15% correction and just some consolidation or a small 100-200 pts correction, then?
It will further add value to my reply to your point above this one
So Now this come to FII's action. Unless there is some restriction on Interest free loan /Increase in Interest Rate in Overseas Markets , FIIs will keep pumping money and market will keep going up. I think things should change in Jan-2011 , reasons Either things in Global market start Improving fast or become more worst . If worst then It will go down and if Economies across the globe Improve then Interest Free Loan will be restricted so fund withdrawn may start.Also New year so portfolio relocation , planning etc will be on card in Jan 2011.
Please correct/guide me.
No comment. Pardon me as I do not have much economy based knowledge. Esp world economy.