madhu kela

17,000 :An Electric Fence?

In the past few months a lot of opinions have been thrown around regarding the rise in the world markets. Compared to last year the markets are definitely doing better. In India the rise has been phenomenal. From March we’ve been on a very welcome Bull run. The question which has been asked for quite a while now has been “When Is This Going to End?” ,there are some traders who are ripping their hair out unable to understand what exactly is going on, according to many this is a level that both the Sensex and the Nifty should not be able to sustain.

Bear In Mind

Most of you would have undoubtedly heard of Rakesh Jhunjhunwala, India’s biggest and greatest individual investor. Described as an extremely smart long term investor, he simply gets richer every time the Indian markets reach a new high and we all must know by now that Rakesh Jhunjhunwala is a BULL by nature and was the face of the Great Indian Bull Run during the past six years when the Sensex rallied like crazy.

However this article is not about him, it’s about his ‘nemesis’ and the ‘Anti-Jhunjhunwala’, India’s most well known Bear, Shankar Sharma. His views yesterday in an interview quite beautifully summed up the bearish point of view on the Indian markets.

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