NSE:NIFTY is going to cross its 16000 level in next 2-3 trading days. Everybody is saying the ground reality and the market reality are not matching but that's why it is called the biggest hated bull market of India.
May be i am wrong: It's Liquidity Driven Bull Market by Central Banks. In twenty‐first century technical analysis, we are going to shatter myths, and finally build a better mouse trap to catch large number of mice.
@GS94, No matter which force is driving the market. from 10000 rbi is saying the market is forming a bubble. but today is it going to cross 16000. There is no bubble, it is just a new phase of the Indian economy. Forget the rbi and my words just focus on making money.
@GS94, you did the biggest mistake if you already did the short in nifty. The long position will give you a very big profit. But after one or two months the market will be range-bound, call and put is not going to work after a few months. You have to use another strategy or combination for the range-bound market. Mind it