Though speclated at a CALL of 2800 and PUT at 3400 the market was an obvious marker to 2800 mark or so......... With no such great good news and with a handful-some speeches of FinMin and other big Tycoons including Mr. Sood, Mr. Ambani, Mr. Mallya, Mr. Goyal and many others the market has come up strongly..
This punches a question out to how come the market wasn't visible to effect of signing of the so called Important N-Deal??
Can we conclude that the bulling is just due to these speeches and some reforms of RBI!!!
Indian BOP has been imbalanced by many forces and is more imbalanced than it was previous.....
Then how did this impact bull the Market?
Such Cuts and speeches were there at time of downfall... Then how did such a boost came up this week!!!
External pressures have yet not been settled down!!!
Still now Japanse Banks are hit and one of them has been declared Bankrupt(on Saturday)......
Seeing such a big bank succumbed(that too Asian) its sibblings too not doing the great job adding on the Near 10% decrement in each Foreign Market on Monday our Exchange Bulled up!!!
Such a gamble can happen only in India.....
I would still prefer to keep my money safe out as the CALL strategy can any time hit the market!!
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