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.