Saturday, March 8, 2014

bullish trend in nifty, bank nifty,Should be continue rally till Election 2014


The Nifty and BSE sensex both are increase record high last two weaks, most of factor to bullish market is
>>FII invest in share market,
>> strong come back rupee
>> global market positive support
>> Current Account deficit Reduce more than expectation now 2.23%
>> Indian economy growth well planed to increase
that is most factor to help on rise to share market.
Nifty trend : nifty close above 6525 above so resistance level for nifty is 6556,6578,6613
support level for nifty is 6497, 6467, 6448
bank nifty trend: bank nifty looked positive for next weak it should be touch 13000 levels in next weak.
Private sector bank most aggressive then psu bank,

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