IMO- UPSIDE IS LIMITED..
Reason?
FII still not participating in this rally... Budget day FII less than 100 Cr.. not a good signal..
Bears waiting..20400-20900 BEAR ZONE.. crude moving up....lets see...
bear market more profitable for option traders than any bull market..
why?? all trader know.. PE increases much fster than CE always....
Even in bull market option buyers make more profit using PE,, in sharp intraday correction..
Bull market rally are slow with decreasing volatility..trap for option CE buyers..even market move upwards CE buyers loose..
Option Traders love bear more than bull...
Vola baba always support the bear more than bull..
Now don't ask me who is Vola baba..