Friday, January 27, 2012

NIFTY MAY TOUCH 5500 LEVEL BEFORE BUDGET

We had on 20-01-12 analyzed and predicted that NIFTY would touch 5200 level by 27-01-12. NIFTY did surpass that level today. FIIs are continuously buying and today's net buying in cash market is in excess of Rs 1000CR. This, coupled with usual euphoria before the budget may take NIFTY to 5500 level in coming weeks.

5 comments:

  1. dear sir,

    Your analysis is really great. After 5500 level will the nifty come down or go up? if so, what level it will go on downside or upside??

    thanks
    vijaya

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  2. sir,the market has continuously raised througout last week.. ! wont there be a correction this week or some profit booking ?...

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  3. Sir, Do you suggest buying deccan chronicle holdings or India cements keeping in view the upcoming IPL season 4?

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  4. Buy which is fundamentally strong.

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