NO WORDS ABT THIS GREAT & UNEXPECTED BOUNCE.REALLY AMAZING,TRAPPED EVERY SHORT FORECATERS.NIFTY LAUNCHED ITS MISSILE & NEVER LOOKED BACK THROUGH OUT THE DAY.CROSSED ALL THE RESISTANCE WITH EASE.POSITIVE GLOBAL FACTORS ALONG WITH DISINVESTMENT IDEA DROVE THE MARKET CRAZILY & GAVE THUMPING VICTORY TO BULL FOR THE MOMENT.LOOK LIKE ITS"HAPPY NEW YEAR"IN ADVANCE FOR INDIAN MARKET. NOW QUESTION IS,AFTER THIS GOOD UPMOVE WILL IT GO UP BY CROSSING EARLIER HIGH 0F 5181+ & EXTEND ITS MOVE OR NOT????? I THINK THE WAY IT MOVED & COVERED WHAT IT LOST IN PAST FEW DAYS,IT HAS A GOOD STRENGTH TO GO ATLEAST UPTO 5250,AS BY CROSSING 5181+ LEVEL MANY SIDELINE BULL TRADERS WILL JUMP IN & MARKET GET GOOD MONEY FLOW FROM FUND HOUSES AS WELL.I EXPECT IT MAY CATCH 5250 BY DECEMBER EXPIRY. .YOU MAY SEE SOME PAUSE OR MILD CORRECTION IN BETWEEN,
BUT TREND MAY BE SKYWARD.
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