Market reached to a high where only bull and bullish veiw is left and bearish level are very far.
one need to think risk reward scenario. Happy thing is that still many blue chip stocks are there to buy with investing attitude. for traders stoploss become inevitable to use. Buying by traders with with stop loss in view will keep them safe on day to day basis.
Market has established bullish bias beyound doubt and bearish level is too far (Nifty ~ 4000), recent low.
I feel the next big thing will be in IT and cummunication.
The market is behaving nicely with technical but one needs to have lot of guts to be successful with trading in such high current market.
Best of both world is to invest with trading view.
All the best for Indian market.
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