i wanted market to reverse to say this
this is my strong belief that premium of nifty futures do not matter incase of creating long or short position , like people specifically in this thread believe ,there is equal amount of risk involved even if nifty is bought at discount or sold at premium , what matters is the place at which nifty or any scrip is bought , sold , just look at the chart? from where the nifty started bounce? 38% fibo level .........most people know importance of 38% fibo level , did premium was down much at that point? noooooooooo it was not below 50 at all
this is my strong belief that premium of nifty futures do not matter incase of creating long or short position , like people specifically in this thread believe ,there is equal amount of risk involved even if nifty is bought at discount or sold at premium , what matters is the place at which nifty or any scrip is bought , sold , just look at the chart? from where the nifty started bounce? 38% fibo level .........most people know importance of 38% fibo level , did premium was down much at that point? noooooooooo it was not below 50 at all