NIFTY above 5350/5400

Where most of the world developed markets are trading just below its 180 EMA or 200 DMA, Indian indices is showing new highs, same had happen in 2007 Oct/Nov. Is history is repeating itself or this time it’s different? One of such question is bothering me this time, well answer to it will be known soon, but as of now breaks out of 4800/5000 - 5400 range suggest, new high to be made soon :)

Cautious Note: - Nifty / Sensex Bullies if it stay above 5400 / 18000 level in coming week.