August 22, 2014

NIFTY yearly chart .. amazing

A picture (or chart) is worth a thousand words.

Just see the amazing breakout we have just had. Any doubt?

Visually obvious that (a) markets are at the beginning of a new bull run and (b) 6000 will provide excellent support. You don't need to be some clever analyst or a rocket scientist to figure this out.

How do you want to play this rally? By buying calls or futures? Or by buying puts. Or doing it the sensible way - buying stocks and taking delivery (the good old fashioned way).

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