We are in a bear market !!

Posted: June 30, 2019 in Stock Market Trading

Many of you must be wondering why is your stock portfolio or mutual funds going down when nifty is going up?

Nifty represents only 50 stocks and does not accurately represent the stock market. After scanning NSE stocks it is found that out of 1800 stocks more than 1200 are trading below 200SMA indicating that stock market is in a bearish phase and many of these stocks have corrected more than 50%.

Comments
  1. NAVEEN Narahari says:

    I remember in one of sir training lectures any stock which is correcting more than 20-25 percent then the bear phase starts we jave not seen the index correction at least 10 percent so still are we in good market ?

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