First a small Relief and now looks like this week will be great. Previous week Nifty was closed up by 65 points on weekly basis even after the sentiment was down due to Mumbai Attack. This week markets look great and once again Markets have technically changed and showed some positive outlook for coming another couple of days.
Coming Week could be a small relief comparative to last week, as we suggested out of 5 sessions 4 closed in red and rest in green.
This week Markets have slightly changed the mood and show some positives in Daily charts, but frankly weekly charts remains the same.
After the great two weeks of recovery, markets have finally get into the same mode what it traded for last month, down and just down.
We would advice Investors to book some profits and concentrate to sell or one can even go short for Short Term as Charts have clearly indicate once again bears will ride this market.
After the hard days in Indian Markets investors has finally lose the hope with their investments and finally running for the Fixed Returns..
Fear & Bankers have played very important role and suddenly investors have started running once again like olden times … for investing in fixed deposits instead of either in Mutual Funds or in Direct Equity
After tough days since 19th of September, markets change the mood on Diwali and make this time better one.
Suddenly markets have starting recovering, scripts which touched very low started moving on the upside and all just due to improvement in International Markets, Crude getting cheaper, Inflation Figures, RBI Action & Government is planning for Coming election.