Bulls euphoria : when does the party end ?

[kkseal]

Depends on what yr perspective is ... yes the news is good for a 1 day to 1 week scenariao ... but for a medium/long term perspective (which is the focus of this thread) , how is that going to affect corporate India's performance ?

I am confused... are you a daytrader, or an investor ?

AGILENT

As a trend trader (i prefer Swing trader though!) who is not into shorting (yet) my first priority was to get back into that uptrend channel. This bit of news i thought would help and it did.

I also have a part of my portfolio into investments (medium/long term). So you could say i'm a bit of both.

And i also believe that it is because investors buy that traders ever get to trade (at least on the long side).

A pulback to the 3900 levels is likely in the next two days (possibly from Wednesday). Hope it's not broken again.

Regards,
Kalyan.