Nifty Outlook

Nifty recovered over 10% from recent low 6826 levels, due to sharp recoveries with gaping action Nifty entered into overbought zone on intraday chart. On levels front, important resistance zone seen at 7560-7600 levels, while on flip failure to sustain above 7450 may invite some profit taking and
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Grin Now, Bear it Later! Better Start for Indices

Investors and traders may have had some sleepless nights given the way the market has been accelerating on a downhill. But the brakes seem to be applied, albeit temporarily as global cues seem to have picked up their pieces and are looking to put up a smile. There are a host of outside the market
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Market Outlook- July 2015

Economic Data Growth: Financial Year 2014-15 GDP growth came in at 7.3% (earlier est. 7.4%). This was an improvement from 6.9% in 2013-14, despite poor monsoons and sluggish consumption trends. Recovery was led by investments with gross fixed capital formation moving up marginally to 4.6% v/s
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Will Markets Look Up in the Near Term ?

As in life, sentiment plays a major role in stock markets. That is why despite India's economic and corporate fundamentals being under stress, the stock markets were on a tear in 2014, thanks to a decisive leader taking charge of the nation. Global portfolio investors loved Prime Minister Modi
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The direction for the market?

I made a presentation sometime in 2013 to a group of investors in Pune. It was just a year before the Lok Sabha elections in India were due. The topic of the presentation was pre-election year performance in Indian stock market. The presentation covered an analysis of 6 pre Lok Sabha election
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