Monday, March 14, 2016

Experts believe Nifty futures may move high near 7,625-7,650 levels in the short term

What is required now is for the index to build on this starting trading day & then assist that let us say positive move through the week, then we could perhaps have a spirited week and then we can all look forward to much better times but all those are things that we await.

At present, we close previous week with a slight upward bias. We look forward to up-coming week with some hope.Click for Free nifty futures tips

The market has been stabilising near 7,500 at a fairly reasonable valuation. I think the worst is behind us.

At present, we have to wait for few positives in terms of catalyst, in terms of maybe better monsoons or for corporate earnings expansion to kick start, probably in the Q2 or Q3(second or third quarter) of FY17," told Edelweiss Securities in a note.