Market View: 21-25 Jul 2014

Filed in Market Update by on August 5, 2014 0 Comments
Week Market View:21-25 Jul 2014
Market This Week Last week amidst volatility, the NIFTY held on to its crucial support of 7400. As long as we are above this level there is nothing to worry. Any sharp correction from the current levels are unlikely but we could see some smaller ones coming in, every now and then. This volatility may affect stocks in the short term which could trigger their stop losses. In the short term, the NIFTY may move between 7400 and 7850 and so we all must be a little cautious in this corrective phase. This phase would test our patience, where our portfolio may show slow movement. This is the time when we must be dormant, disciplined and show some patience. All the best!

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