Above Chart is Dowjones....almost trend is halted....
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See the below chart of Nifty....pattern is same...but, our market reacted in advance...now what is next in Global Market - may be big sell off ?..
Our message is....Nifty Rally is not because of Change in Government or not because of Budget Expectation or not because of etc..etc...
This rally is only because of Global Set up was strong...so, Nifty followed the Global Trend...
If Global trend changes to weak....what ever may be the cause in India,.our market may go into correction mode..
So, always use Brain instead of news...everything is co-related globally...nothing is based on India.....
We are not isolated...we are inter linked globally...forget about domestic changes..
Do homework...there are lot things to learn before trading....otherwise please quit Market before bankrupt..
