Almost All Good News For The Market is Over Market Has Also T | The Share Market Guru
Almost All Good News For The Market is Over
Market Has Also Touched 15000 Mark
Now I don't See Nifty Going Towards 16000 without any Retracement,Either Nifty Will Stay Here For Some Time & Move Down Or The Maximum Upside From Here I see is 15400 which is 161.8% Fibonacci Extension
This is Euphoria,Dollar Index Getting Stronger are warning signs for us as Emerging Markets,Don't Blindly Just Buy,If you are buying Stick to Intraday If You are Holding Positionally You Are In The Highest Possible Risk As Downside Space is Available
My Advice & My personal Gameplan Will Be To Do Call Writing At Higher Levels With Hedged Position & Will Not Look To Buy Here as If Nifty Moves 100 Points Up,Premiums Are Hardly Moving Since They Are Overvalued
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