SMI –18th September 2013 – Market View

Posted By : Kishore B.S

Hi Friends,

The market has become lack luster prior to the outcome of the Fed meet. As of now no one can predict what will be the outcome. But this is for sure that the markets will swing 2 to 3 % on either side depending on the news flow. So, it might be possible thattomorrow we have huge gap up or gap down opening.

A lot of analysts are bullish and a lot are bearish. Right now all the global markets are awaiting for the Fed policy. So, you pick up any market and that is trading almost flat since Friday. A major move will come in all the markets.

So, lets see where the markets move – to 6100 levels or 5500 levels.

Cheers!!

Team SMI

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