We’re at 23,500. All time highs are at 26,200. Just shy of 11%.
And an 11% rally can come quickly. That’s not a big ask. When it comes, only god knows. But when it comes, it’ll change the sentiment on the street.
Remember, price changes perception?
All the people who are depressed, anxious, annoyed of the recent correction should know that it will just take 11% upmove from here to change the trajectory of the stock market.
Rather than cribbing, one must accumulate/hold with patience.
Once Nifty goes above 26,200; the same people cribbing would rush to buy above 26,200.
Why buy something expensive when you can buy it cheap when market is at 23,500?
