TVC:DJI : Be fearful When Everyone has is being greedy Stock market has been running on optimism for past couple months, now when all the good new, stimulus, reopening, tech-stock earnings are calculated in this bull run, in my opinion market is heading for a healthy correction, unless S&P earnings grows 30 times !!! good reversal zone may reside between...
2020 has been hard for everyone, except TVC:DJI , it has been making higher highs since march drop, looking at the present DJI chart looks like we are closer to a resistance line which can lead to a major pull back, 31100-31600 could be a peak for this bull run in 2020-21
After such a bull run, Nifty needs to catch a breath which might turn positive later after December, lets see what December has to offer.... ;)