Overall, the index has been making higher top and higher bottom formation while the supports are shifting higher from 9,075 to 9,119 on an immediate basis which is giving confidence to the bulls.
Markets touching new highs is making investors perplex on whether to book profit, invest or hold their investment. It is always advisable to realign your portfolio in the changing environment. According to financial expert Pankaaj Maalde, asset allocation and rebalancing portfolio regularly is a key to success and financial freedom.
Sudarshan Sukhani of s2analytics.com spoke to CNBC-TV18 about his expectations of the market now. The Nifty yesterday crossed the 5000 with ease, but where is it likely to trend today? Check out his comments.