11/6.2012

MARKET OUTLOOK(12/6/2012):-

NIFTY SUPPORT:- 5000/4965
NIFTY RESISTANCE:-5120
TREND DECIDER LEVEL:-5052

MARKET VIEW:-  
 SPEED BREAKER AHEAD  STAY ALERT THIS WEEK:

Our stand “Based on the macroeconomic factor analysis markets now headed for much higher level” is vindicated now. In the way it will face minor resistance at 5080 and 5210. Today market will blaze past the 1^st resistance and head towards 5210.

But an investor should always factor in all possible events. This week we will see volatile move as Greece election and RBI policy will play spoil sport. So trade with your antenna open high and wide to catch every possible signal. If we see more bad news from Europe then market will find support at 4880, 4740 level in its way down.

Now most of the Small investors missed the 300 point strong rally in Nifty and what lies ahead is the million dollar question. My dear investors making mistake is the part and parcel of investing life. The more damaging is to justify the mistake with imaginary reasons. The simple solution is to learn from the mistake. But the most important thing to make money in the stock market is to realize and accept the mistake. Rest is up to you to decide which your place is.

HOT STOCK:- BAJAJ AUTO


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