Comments on: What next for the Nifty? https://www.cashthechaos.com/what-next-for-the-nifty/ Mon, 04 May 2026 19:30:19 +0000 hourly 1 https://wordpress.org/?v=7.0 By: Kishan Bobba https://www.cashthechaos.com/what-next-for-the-nifty/#comment-522 Tue, 29 Mar 2011 17:07:47 +0000 http://www.cashthechaos.com/blog/?p=705#comment-522 Hello Jai Bala,

I can not agree more with you. But from 28th February onwards I observed market changed its behavior and it was exact opposite to the fall from 6180 to 5200. I was long and booked my profit at 5700. Now I want to see how the market is going to behave. Yes, I do have unique way of understanding the market but the paradigm in my mind is exactly as you mentioned in the blog post. In any case I told my self – lets dance with the wolves.

]]> By: Agiletrader https://www.cashthechaos.com/what-next-for-the-nifty/#comment-521 Tue, 29 Mar 2011 16:37:01 +0000 http://www.cashthechaos.com/blog/?p=705#comment-521 Astute Analysis Jai…thanks for sharing…:)

I have also found that your wave analysis is extremely good. It would be interesting to know your views on the wave we are in and what we can expect going forward, according to the same. 🙂

Regards.

]]> By: Jai https://www.cashthechaos.com/what-next-for-the-nifty/#comment-520 Tue, 29 Mar 2011 11:42:07 +0000 http://www.cashthechaos.com/blog/?p=705#comment-520 In reply to Raunak Agarwal.

Raunak, thanks for your comments.

]]> By: Raunak Agarwal https://www.cashthechaos.com/what-next-for-the-nifty/#comment-519 Mon, 28 Mar 2011 14:11:29 +0000 http://www.cashthechaos.com/blog/?p=705#comment-519 Interesting views Jai. Just have 3 points to make from my side.

1) The High beta sectors across all the time frames are stabilizing. Banks and Realty and even Infrastructure today for some extent are showing tremendous resilience and strength. I would emphasize the strength aspect with Banks and Autos and would keep Realty and Infra out at this moment.

2) IT has begun supporting the market again. The previous decline which happened in Oct/Nov saw I.T. outperform the broader markets. Now, usually when I.T. outperforms, then markets do become defensive in nature; like it did in Oct/Nov 2010. During the same period Banks and Autos fell. In today’s scenario, along with I.T., we can see Banks and Autos perform well. This in my opinion is a sign of strength. Banks and Technology have a very good weightage in the Index and if they appear stable, the likelihood of markets moving higher increase.

3) Midcaps and Small caps always run faster in robust market conditions. It works the other way round usually. When Midcaps/Small caps run faster than Index, its time to be cautious. After correction however, Mid caps and small caps are very slow to react. This is when focus is on Large caps. When the sentiment improves and markets begin to move higher, risk appetite of markets increase (as mentioned correctly by you). This is when Small caps and Mid caps begin to head higher (and the time to become cautious returns). Just a vicious cycle I suppose 🙂

Just my 2 cents on the same. As always enjoyed reading your views.

Raunak Agarwal

PowerYourInvestment.Com

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