TECHNICAL BASED DAILY OUTLOOK FOR FREE BLOG READERS:-
NIFTY SUPPORT:-5403
NIFTY RESISTANCE:-5545
TREND DECIDER LEVEL:-5498
MARKET VIEW:-markets will face 3 major factors in the month of March.The state election results, the union budget and the RBI policy. All are forecasting that the election results will favor UPA. RBI will maintain the status quo this time.But the real game changer for the market will be the budget.FII are on buying spree. The 200 point correction you have seen is due to selling by Indian DII, which is booking huge profit in last 45 days run. Well next week positive market expected. Nifty is likely to breakout of 5600 barrier. In the way it will face minor hurdles at 5500, 5540 if it sustain above 5600 with volume, then huge fresh buying will emerge. Hence fantastic opportunity is available for some quick profit. Nifty will find support at 5400, 5380, 5340 level.
HOT STOCK:- ITC
PAID MEMBERS ZONE(FULL NEWS BASED)
all fno stock has corrected on last 200 points correction but only IDEA is still up from our recommended price@91.00 (check previous posts)..today its made high @94.40 and closed @93.00.
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