Is it right to say that when markets are so bullish, only novices are shorting?

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Not necessarily Karunakumari. Traders would like to short in the backdrop of a contrarian view. Besides, for an intraday trader…volatility matters a little more than the direction of the market.

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It depends on the trend, whether it is short-term, intermediate or long-term bullishness. A long-term bull trend can have multiple intermediate bull or bear trend. An intermediate bull trend can have multiple short-term bull and bear trend (magnitude of bull trend would be higher as obvious). So some intelligent trader can make use of short term bear trend while he/she is on intermediate bull trend.

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I’m with Arunkumar

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