Thursday, May 7, 2015

Nifty volatility trap

Nifty analysis is showing an increasing volatility. For a buy and hold investor this may be a difficult period. Many of his or her investment are waiting for long days to catch up. Now we can see a kind of fear prevailing in stock market. Investors started selling on rally. We have seen a 120 points rally on Monday. But this rally could not sustain, Investors are selling on rally. This is not a good indication. Nifty could not sustain above its 200 day moving average. I have indicated bearish mood in stock market in my previous post. 

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