Market View: 13-17 MAR 2017

Filed in Market Update by on March 14, 2017
Week Market View: 13-17 MAR 2017
View Last week the NIFTY closed at 8934.55 registering a gain of 0.42% over previous week. The election results are out and everything is in the favour of the ruling party. This mandate will just speed up the reforms and will be a big booster for the markets in the times to come. The markets this week will factor in the BJP victory and the euphoria is likely to last minimum this week. If we get a break out after today’s closing, expect NIFTY to rally from here on. A breakout on the weekly NIFTY chart will only confirm things further. This is an excellent time to be a part of the Indian stock markets. Good volumes can be expected. The markets will show a lot of strength from here on. Gear up! All the best!

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