Wednesday 13 January 2016

Market View 14th Jan 2016

Yesterday's market has shown a great sign of confidence with market
recovering most of the loss it made earlier during the day.

This is a sign early reversal. Now tomorrow market needs to hold
and close above 7562 and continue to move towards 7600 to give
confirmation. If that happens then it would now be a great reversal
of trend and we may see market now towards 7800-8000 again.

With almost one year in a range and consolidation, market may
now get ready for a massive rally.

Buy Nifty at these levels, downward risk is just 50 points and
upward potential is close to 400-500 points.
Posted by at

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