Lot of bullishness in the market: Vinith Jain, Siddh Capital

Vinith Jain, Director, Siddh Capital, in a chat with ET Now talks about the market.

What is your sense of the market mood right now? Do you think we can scale up further highs from these levels?

Yes, the Sensex is steady. It’s not making an immediate top formation here and I see there is further potential. 18300 to 18400 is where the most key resistance is likely to come for the index and of course I believe that it will be a crucial point. If we find a good reversal at those levels, we could head for a good correction. Otherwise, there is lot of bullishness in the market.