Tuesday 10 February 2015

Market Getting Ready For a Very Big Global Rally

Europe & USA markets are nearby to their life time highs and now
they can support the rally in Indian markets.

With the Union Budget being the next big event that market will be
looking at, there would be pre-budget rally which can be seen in the
market in coming days.

CAC has already made new life time high today.
DAX is just 50 points away from its life time high
and FTSE is just 100 points away from its lifetime high

Dowjones needs around 300 points and S&P around 30 points to
make lifetime new high.

This is a rare setup and we have just corrected 50% from 900 points
rally last month and now ready to participate in the global rally.

If what I am seeing happens, we might see Nifty touching 9200-9300
or even 9500 in this month's series itself. So look for opportunity to
Buy on all dips, and hold your long positions tightly.

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