nifty update

Nifty has been doing higher top , higher bottom since Dec'16, we are currently in 7th month. Historically the max nifty has rallied without a correction is for 7-8 months. Hence traders and investors should be cautious from here on. A trap here could easily wipe off 50% capital in just one fall.

Over leverage position, chasing running up stocks should be avoided. investors should stay in companies where debit to equity ratio is no more than 1. During a fall, company whose debit is high will fall more.