MKT OUTLOOK 03.11.2014
NIFTYfut : 8352.7
Our anyalsis of 8200 hurdle didnt fall as predicted.. which we have assume for big reversal.. which we have predicted tgt 6333 and revesal got at 7752.
mkt reverse from 7752 with huge liquidity reversal in very short time and nifty rally with fast move of 600 pt upmove in just 15 days. and make nifty to new milestone. to life high and gave close at high end....
with index rally and nifty new high we still maintain cautious approach in mkt.... we will focus on majority on stock move which we are predicted fast reversal stock...
fall of 10-15% nifty fall will come at any stage either in november or 15 th december or before budget or after budget... so we will go.... with move with trend and focus on stocks....
nifty rally from 7752 soon will face resist point at 8460-8480-8540 where reversal exected to 8200-8180-8017.
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