Tag Archives: Nifty made Breakaway gaps

Nifty Weekly Outlook for October 2012

By | September 30, 2012

Nifty ended the Q3 with a positive note and a fresh 52 Week high of 5735  but we are entering Q4 with some bad data which came out today. Current Account Deficit came in at 3.9% of GDP against an expectation of 3.3%. Indian Rupee closed at 52.69 almost at 6 month high on sustained… Read More »

Nifty Weekly Outlook for September 2012 Expiry

By | September 23, 2012

In Bull Market every good news is used by market participants to push market higher and every bad news is met small correction which is used by dip buyers to buy more. When Mamata DIDI took her support off UPA we made a correction of 50 points and when Mulayam told he will give outside… Read More »

Nifty Weekly Outlook for Week Beginning 17 September

By | September 16, 2012

US FED Ben Bernake has opened another bazooka for Bulls with QE3. Indian Goverment unleashed slew of Reforms from Diesel Price Hike and FDI in Aviation and Multi Brand Retail so the wheels of government has started turning up. Nifty is poised to open with another gap up on Monday as SGX Nifty closed at… Read More »