Towards the end of 2017 some leading sectors pulled back from the top while some lagging sectors rallied from the bottom. Technically we need more reactions and as of now we may conclude it as a bearish sign or a healthy rotation. January will likely provide the answer for all these reactions. Market players would agree that the market will move ahead of the fundamentals. Novice investors are usually surprised or tricked by the market like so many traders. In the beginning of the year 2017 we informed that the market would rally higher but many traders failed to trust us and profit from the our findings.

Most investors/traders had a frightening experience towards the end of 2016 after the PM scrapped the old notes. Market nosedived in November 2016 and many investors thought it’s the beginning of a bear market. But that created a new setup and it was confirmed in the beginning of January 2017.

How is it going to be in the year 2018? 

Many investors are bothered by the peak valuation factor. But we can always use the advantage of the market as some untapped stock always offer opportunities to the investors. Let us talk about it in the coming weeks but now it is time to celebrate the New Year.