Markets Create History!!!!!

The election euphoria did play out and how? It was a historic day in the Indian Stock Market where both Sensex and Nifty hit two upper circuits and trade had to be halted for the day. There was hardly a minutes trading possible and very low volumes. But there were no sellers in the market. Buy orders flushed in and the markets hit upper circuit.

As written earlier also, this euphoria will last for some time, at least 3-4 days and then it will be over again to the newsflow and global markets. Can Nifty do it again on Tuesday? Well, it's anybody's guess. We will have a positive opening but where we go from there, none can tell. Expect volatile movements intraday. One can ride the wave via the options route. Intraday players do remember that stoplosses may not work in environment. Hence trade in very very small volumes with broad stoplosses. Trade only if you have to.