My dear Investors recently in a televised interview the most trusted analyst of Rakesh Jhunjhunwala firm Rare enterprises predicted that nifty will touch 10500 by June 2015. This is what we are saying since when Nifty was at 4500 that Indian MARKETS has only one way to go that is up,up and up.
STOCK markets need few things to trade in profit zone. Most important is stable political scenario and willing government. Now political situation worldwide are relatively stable.Economic data worldwide are showing sign of improvement.Micro economic data showing pick-up in economic activity.
However Indian MARKET is its own unchartered territory. MODI miracle is showing in the business world and in markets. FII and HNI are building huge positions.Our research desk has analysed tons of micro economic data data and quarterly results.The late progress in Monsoon and the ensuing festive season will boost the internal demand and economic activity.Last but not the least we will touch the newer sky soon.
The last battle will be fought at 8000 where both BULLS and BEARS will fight to the finish.Now Sgx Nifty after making a high of 8044 settled at 8013.This indicates that the sunny days are ahead. Any close above 8040 will prompt BEARS to run for the cover. Take my words 2014 and 2015 will be the year of BULLS they will not let the bears walk away easily. As we are saying during the last few days forget the direction of the MARKET and focus on the midcap space.As our research team is to be believed there are plenty of midcaps ripe to flare up. We use this volatility to pick our targeted midcaps at our desired price.Last but not the least come subscribe & profit.
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