| Market This Week |
The rally that we saw on Friday indicated that the market has already discounted for a strong government in the Centre. The rally altered the NIFTY chart in a big way. Note that this could just be the start of a bull rally and what we saw on Friday could just be the trailer. However, if the election results do not come in on expected lines, there could be trouble. With the exit polls doing rounds the whole of this week there would be a lot of volatility in the markets. Let’s wait and watch this week too and keep a low profile. There would be a clear direction starting next Monday. |
