Sunday, August 3, 2014

MARKET CALL SHORT TERM



  • The Market trend for the short term is a little iffy, so will refrain from giving any short term calls for the Cash Market, this week.
  • Continued global risk-off could see NIFTY currently at 7602, testing 7440 again, which it last bounced from, on 17/7/2014.
  • However, 7560 too remains episodically a strong support and  a close above 7560 levels in the first two days of next week could offer hope of a reversal upwards to 7675 levels and above. 
  • Let us wait and see and remain in cash till the short term trend becomes clearer.



FOR EARLIER TRADING IDEAS AND HOW THEY FARED LOOK HERE
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1 comment:

  1. NCDEX TipsJanuary 16, 2015 at 2:43 PM

    Wagner said growth should remain strong in emerging markets, helping keep demand high for commodities like aluminum and other metals.
    NCDEX Tips

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