The problem with looking at an index and feeling bullish or bearish is the fact that the index is a collection of stocks which in all probability has little correlation with a stock you have in your portfolio. If you are feeling bullish because the nifty is touching and checking what has happened to the value of the portfolio, there is a high probability that you may get disappointed. The reason to be bullish has to be growth of the economy and the reason for selecting a stock has to be good business, management and growth of the company. Don't be afraid to be bullish but do a bit of simple work and enjoy the fruits of growth of the Indian economy.
