State of the Market|Reading the Psychology of the market

5400 is acting like a dead end. Good news, bad news - it doesn’t matter. The market is just not able to find enough strength to go past 5400. But dead end does not mean market may collapse from here. One of the reason I am not bearish on the market: markets do not collapse after putting up posters. Markets do not give signals like - Please sell as 5400 is peak. Numbers like 5400 or 5000 can best act as psychological barrier.

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