Market View: 05-09 Nov 2012

Filed in Market Update by on November 5, 2012 0 Comments
Week 05-09 Nov 2012
Market This Week WOW!! Again a wonderful week for all of us. Congratulations to all of you!! This is the power of technical analysis. This week would be crucial for the markets as the most powerful man would get elected this week in the US. Also the week would see numbers being disclosed from players like SBI, Tata motors etc. NIFTY has been consolidating for quite some time now and we are expecting a break out on the positive side soon. Its likely to pass its resistance of 5750 soon. Market is looking positive. As discussed last week too, we should not be worrying about anything for this week too as we all know that the results season in a season to make money. All our recommendations would rally and give opportunities to make money just like last week. Stay invested.

Note: The sell-off seen below is due to poor results from companies this quarter.

FII Inflow
Sr.No Reporting Date Net Investment (In Crores)
1 29-Oct-2012 -459.70
2 30-Oct-2012 -25.40
3 31-Oct-2012  -157.30
4 01-Nov-2012 270.00
5 02-Nov-2012 416.40
Strategy For The Week
  • Trade with all your wealth. You don’t need to be lucky!

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