MARKET OUTLOOK FOR THIS WEEK
NIFTY HEADED FOR 5780
Well my dear Investors our research team after analyzing tons and tons of data loaded on our computers over this weekend concluded that nifty is headed for 5780. The following are the most important points of this 18 page report:
Nifty is headed for 5780. In the way it will face resistance at 5548 and 5668.
Rupee is headed for a level below 64.
But the joker in the pack is the US strike on SYRIA. If this happens crude with jump past $120 and Nifty and rupee will be in strong bear grip.
Now my dear investors I am always in the camp which says half full instead of half empty. It always pays to be in the positive frame of mind, body and of course money.
Well today Nifty is likely to breakout of 5500 barrier. If it sustain above 5500 with volume, then huge short covering is expected in the bear hammered stocks. Hence fantastic opportunity is available for some quick profit. Nifty will find support at 5400 level.
For live update and call
Wishing all investors Profitable Week Ahead.