Market crossed 52week high. Intersting thing is FIIs flowing the money into the market from last week. BJP winning in state elections and hoping for interest rates coming down. This lead to short covering which further moving market upside.Hope market will form new all time highs. This is only educational purpose......
After many months US inflation declane above estimates this leads to US market rallu,US bonds fall. NIFTY at important resistance and 81% shorts this leads to short covering and more rally in the INDIA stock market.NEXT resistance at 1980 lets see. ONLY FOR EDUCATIONAL PURPOSE