Nifty is likely to move upwards of 100-150 points. Nifty may see a rise towards 5950. Support is at 5700-5750 levels at lower levels. Nifty until after 5950 are expected to decline somewhat. Nifty breaks the level of 5700, then the market is nothing to worry.
Bank Nifty 12,400, 12,500 and is the main sport. It can get to level up to 12 850. Traders Bank Nifty on every decline is expected to return from shopping. Bank Nifty levels in the short term target is 13,300.
Sensex in last week's jump of nearly 1000 points. The trick behind the stock market there are several solid Vjhe giving it the strength to move forward continuously.
Inflation and current account deficit, expected to cut interest rates, better monsoon and projected growth - these are the green signal to the market. 19000 confidence index has exceeded expectations.
Market Green Signal
The sharp fall in commodity prices, the current account deficit has rekindled hopes of reform. Brent crude slipped below $ 100. However, so far this year is down by 15 per cent in gold and gold imports fell 24 per cent.
The RBI has raised expectations for lowering rates. Core inflation has come down to 3.5 per cent.
Monsoon this year is expected to be normal. Near normal monsoon relief from agriculture to industry. Additionally, the expected decline in inflation boom.
RBI policy after it emerges from the sector again decline. Infosys, TCS, Wipro and HCL tech shopping on existing expressions. next 1-1.5 month Infosys and Wipro up to RS 2250 330 may touch a level of reliance communications fall into the 90 bucks. around shopping. shares of reliance communications ' 98-100 up to RS. 100 bucks in strong resistance, reliance communications.
In 2013 the market moves
This year, the Sensex touched the highest level of 20 204. The Sensex is at a height of 1025 points this year. However, on January 10, 2008 Sensex lifetime of 21 207 was made.
Nifty was up to the level of 6112 in 2013. Nifty Nifty 275 points so far this year from a height. January 8, 2008 Nifty touched the highest level of 6357. BSE Midcap Index was up 12.7 percent from the height of this year away.
Nifty stocks this year, Sun Pharma, ONGC, HCL Tech, BPCL, TCS has a return of 29-14 per cent. Tata Steel, Reliance Infrastructure, Jindal Steel, Hindalco, NMDC as heavyweight stocks have fallen 28-22 per cent.
Investors since January pharma, FMCG, IT and bank stocks returns of 5-1 per cent. BSE Metal, BSE Smallcap, realty, capital goods, midcap and auto stocks have suffered in the 23-8 per cent.
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