I'm really surprised that after all said and done, they have said they cannot see any of the signs below on the NSE!! Let me mark the ones that are alread prevalent.
High valuation level
• Dividend yield falling below 5% - Yes, for most stocks
• Widespread bullishness - Yes, all year till recent bear run
• Belief that present scenario is different and history will not repeat
itself this time.
• Trumpeting enormous gains to be made in the stock market by
professionals and media - Even the NSE is doing this.• Rising interest rate - Interest rate was just raised to curb inflation• Stocks no longer reacting positively to strong earnings - The banks are a very good case in point. Instead stocks of companies announcing losses make maximum gains.
• Traded volume expanding significantly
• Excessive speculation among low price stocks. - Penny stock syndrome is very much here• Breakdown/weakening of a large number of blue Traded volume
expanding significantly
• Excessive speculation among low price stocks.
• Breakdown/weakening of a large number of blue chip stocks
• Market unable to move higher despite
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These ones are very much with us on the NSE.
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Enjoy.
Pumping.
Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can't buy what is popular and do well.
-Warren Buffet-
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