The Retail Investors are in a bullish sentiment even after the NIFTY slipping 200 points in 2 days.
A sample voting survey on NIFTY GAP. on Monday indicates optimism among NIFTY traders
Based on just a psychological assessment of market mood.
Unless we see this current retail optimism fading to fear, not sure if we can expect some big positive moves on the nifty in the coming days.
The Trend reversal starts when least expected.