The #Nifty has signalled signs of exhaustion. This means the Nifty could make a correction for the long bull run it has had. Be clear, the bull market would be intact, even with the correction.
Lighten up on the portfolio, holding only those stocks you want to keep in the portfolio for years to come.
The FII and FDI inflows have driven the Nifty beyond normal valuations. While these funds aren’t fleeing just yet, any softness in the markets would cascade in a possible outflow of FII funds.
This is an early warning/caution for those who believe in taking profits too soon. (Zurich Axiom).