The Economic Times  Jan 15  Comment 
A higher ratio suggests over-optimism, and if any negative comes, there can be a decent correction.
The Economic Times  Jan 10  Comment 
MS said in its 2018 outlook note that the equity bull-run has reached its “euphoria” stage.
MarketWatch  Jan 8  Comment 
Global stocks had a great 2017, but the gains last year have contributed to a situation where nearly every country on earth has an equity market that looks expensive.
The Economic Times  Nov 6  Comment 
Bulls have a strong hold on the market and the Nifty is consistently passing all level.
The Economic Times  Nov 6  Comment 
Watch out for 10,465 and 10,510 levels. Supports should come in at 10,375 and 10,350 levels.


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In Technical Analysis, overbought describes a situation in which the price of a security has risen to such a degree, usually because of unusually high volume, that an oscillator has reached its upper bound. This is most often interpreted as a sign that the price of the asset is becoming overvalued and may experience a pullback soon.

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