But numbers as of now suggest that Nifty 50 will be dead flat
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@manoranjandebbarma As prices are very elastic from upside ....... implies that no fresh buying but shorts are being booked.
How deep correction would be from here is bit tought to tell amind US policy tweak tantrums...however straddle prices are way too high...suggesting big vol...
Even in best possible scenario, the prices would remain ulta elastic from upside.
@manoranjandebbarma It would be a trade off between India growth & rupee depreciation . Accordingly PE would suggest if price is under valued or yet some corrections are needed.