As the Nifty continues its up move, there is a sudden rush among retail investors to participate in the bull market. Easy money is here again!
Investors must remember that this bull move started three weeks ago. The Nifty has gained 20%+ since then. Surely, the market can gain more, maybe 30% or even more. But, investors must understand that the risk reward ratio no longer favors them. If you invest now, you may earn money, and, then again, you may not.
For traders, the decision is easy. Buy on dips. When these buying positions begin to lose money, the bear rally may be coming to a pause.
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Mustafa asked me to switch on RSS feeds for comments. This option is already switched on. I need to provide a link to subscribe to comments, which I could not manage to do. (Not Yet!) I did provide a section where the last five comments are displayed. Look in the right column!