- Nifty is just 45 points to touch all time high.
- Once it crosses all time high, I expect Nifty will touch 10590 range for the series. It looks unlikely at this point of time. But more short covering will come once it cross the high.
- 10000 PE is support now, it seems market will not come to this point for the rest of this series.
- I feel there may be selling pressure in bank nifty, that's why I short around 24300 and covered at 24495, but it managed to move higher. Now it is going to set a record high for the series. if it crosses 25200 levels, another 2500 to 3000 points move will come easily for the series, I know saying these kind of target looks unrealistic.
- I don't want to create greed here, and to make you buy more quantity, I am saying, just take a long call, and hold it with reasonable stop and hold till expiry. Use some trailing stop and carry the position till expiry.
Let see, how things span out, I will review my views daily.
Good Luck..
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