They buy the dips.
The Picture speaks for itself. Here's the Nifty chart:
Just see how Nifty has bounced in last 2 weeks from that base. Buy the dip frenzy works all the time in bull market
That's why when Nifty declined to the Bullish base on Sep 28 2017: I wrote this article:
Here's why Nifty Bulls can be Optimistic? https://t.co/bQZS40C71X
— Deepak Singh (@smarket) September 29, 2017
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Disclaimer – The state of the market notes is Deepak’s perspective on the market. The column is purely for educational purpose. Nothing contained herein is a solicitation to trade or a recommendation of a specific trade. By reading this publication you agree to make no trade relying in whole or in part on the comments of the writers