Nifty is not going down at all for reasons back to back win of BJP in Gujrat and HP.
But to move further up money is required. Who will invest on top?
This is the reason traders are not investing huge and Nifty not able to move up swiftly.
So direction is unclear.
Those who trade direction its very though time for them.
Those who do not trade direction keep making money most of the times.
What is Not Trading Direction?
Traders buy Call (CE) thinking that a stock will go up and they buy Put (PE) if they think the stock will go down. Most of the times their view is wrong and they lose money. According to data 95% of option traders lose money.