THE MARKET OUTLOOK 06-05-2014

Posted By : Kishore B.S

THE MARKET OUTLOOK 06-05-2014

Expect the market to open on positive note. The SGX Nifty is showing a positive 30 points open.

Markets have been falling from last 5 days, everyone (very important retail public) expecting market to correct from the peak to re-enter the market. That correction may be over or if not start accumulating maximum Nifty can fall up-to 6650 or 6600.

Technical outlook, if Nifty can close above 6730 in today’s trading which can be taken as a positive note, can go long in Nifty.

Cheers  !!

Team SMI

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