Thursday, February 16, 2012

NIFTY MAY CORRECT ANOTHER 100 POINTS BEFORE THE EXPIRY

The net buying by FIIs, today, has come down drastically compared to earlier trading days. The rally in the Indian stock market since Jan 2012 is fueled by global liquidity and dollar inflows. In just 45 days Sensex and NIFTY has moved by more than 15 %, than what it was as on 31-12-11. Fundamentally nothing has changed much.Winding up of long positions may start from tomorrow.

6 comments:

  1. Do you still think that there will be a 100 point Nifty correction?

    ReplyDelete
  2. Still believe, that NIFTY will correct before the expiry.

    ReplyDelete
  3. Look at the perfection...
    Superb sirji....
    Nifty corrected just above 100 as per your prediction. And tomorrow is the expiry. :)
    Good going sir... :)

    ReplyDelete
    Replies
    1. superb sir,

      do you think now the nifty will bounce back??? or will correct.

      great view sir. keep it up..

      Delete
  4. NIFTY will consolidate at this level for some days. Budget proposals will trigger the next bull run.

    ReplyDelete
  5. Great article sir thanks for sharing this kind of information. Stock market is the easyest way to make profit but you want the best stock market advisor so i suggest the best stock market advisory is wealth research financial services.
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    ReplyDelete