NIFTY
FUTURE DIRECTION...EARLIER POSTED..08-10-2012 The markets are built with good
long open positions as the run-up in the markets are quite strong. The Nifty is
strongly holding above 5650 and trading near to the highs at 5800. The Friday
freak trade has given good opportunity to bears to crush the markets down but
that has not materialized.
The
bear can have edge only below 5650 can bulls also may allow this run upto
5480-5440 level. The results of this Sep-12 quarter will decide the future
course of Nifty, as well the elections in USA
The
markets are right now in strong BULL grip because many offerings are being
tabled by the center There is life only when govt. continues to open
for reforms and market friendly policies. The political uncertainty and more
scams will dampen the run that was initiated with the opening
of mores reforms. As the campaign for Gujarat
No comments:
Post a Comment