Share/BookmarkNifty continues to trade strong and is likely to witness buying at lower levels. Broad based market participation indicates that there is fresh money which is flowing in the market. Unless signs of reversals emerge, it is very unlikely for the market to correct substantially.

Share/BookmarkNifty finally moved up to 5000 as mentioned in the earlier video. Going forward, 5080 – 5180 is going to be a difficult zone to cross. However, I do expect that market will eventually go past this level. The concerns relative to RBI and Europe still persists and hence longs should only be held till [...]

Share/BookmarkDespite all the gloom around, we strongly believe that Nifty is in the process of bottoming out. If the recent lows of 4500 can hold, then Nifty is all set to scale 5000 – 5200 in this quarter. Strategy going forwards is fairly simple; Be long above 4500 – 4600 and be short below it.

Share/BookmarkShort term outlook of the market continues to remain positive. On the longer term, markets continue to struggle, but are showing signs of gradual improvement. Volatility across the assets is high and hence moves will be steep and fast.

Share/BookmarkNifty continues to remain in a downward trend. Some signs of short term bullishness have come up and it has to be seen if this gets transcended into something bigger. As of now trend remains strongly down and level of 4820 and 4720 need to be monitored very closely.

Share/BookmarkRange movement of Nifty continues. Retracement upto 5250 – 5300 is on the cards. However, overall trend is still not bullish. Caution has to be exercised while building positions on the long side.