Market View: 24-28 SEP 2018

Filed in Market Update by on September 24, 2018

 

Week Market View: 24-28 SEP 2018
View Last week the NIFTY closed at 11143.10 registering a loss of 3.23% over previous week. The NIFTY fell sharply and broke the crucial support of 11,000 but managed to pull back some losses in the latter part. These corrections are expected after rallies but now NIFTY should respect its support of 11000. If it does not then we could see 10800 soon on the charts. To cut it short, as investors we should stay disciplined on all our existing positions. We should stay away from the markets for this week and allow the dust to settle down. These corrections will give us more opportunities to enter into stocks with good valuations. So any fresh recommendation made should be seen as a new opportunity. All the best!

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