Market View: 19-23 OCT 2015

Filed in Market Update by on October 19, 2015 0 Comments
Week Market View: 19-23 OCT 2015
Market This Week Last week the NIFTY closed at 8238 registering a gain of 0.7% over previous week. A good pullback rally which suddenly makes the markets positive in the short term. The NIFTY daily NIFTY chart looks positive. Now this week, there is a good chance that NIFTY might touch 8300 and subsequently 8400. Any fall below 8100 should trigger caution. Like other emerging markets, our markets are not witnessing heavy sell-offs. That strengthens the overall sentiments. Bihar election results will give a key direction to the markets from here on. Let’s wait and watch. Have a stock specific approach. All the best!

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