Market Outlook for 12th May 2014

Posted By : Kishore B.S

Market are hitting life time high, which is supported by Banking and financials, capital goods, Oil & gas. At this point of time We recommended to go long on Nifty at 6700 levels, it has worked. But this week you will fine market to be more volatile because of the exit pool results that will be out on Friday. Very soon we will come out with the strategy, how to face the general election result. We had also recommended wonderla holidays IPO, it has worked very well the stocks opened at 168, and has given 30% profit to the individuals who sold it from the alloted shares.

Cheers  !!

Team SMI

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