Market Outlook For The Week: We all watched the Breaking News on News channels and web-sites. Now the reality is that the world markets are making newer high despite economic slowdown. And where are the Indian markets with 6% strong growth which are now being upgraded. Rest is up to you to decide.
Now my dear investors I am always in the camp which says half full instead of half empty. It always pays to be in the positive frame of mind, body and of course money.
Well this week positive market expected with some wild move in select stocks. Nifty in the way up it will face minor hurdles at 6040, 6100. If it sustain above 6100 with volume, then huge short covering is expected in the bear hammered stocks. Hence fantastic opportunity is available for some quick profit. Nifty will find support at 5940, 5900 and 5880 level.
Since this week marks high volatility. Hence trade in options to be in the safer side. Option trading is very profitable during volatile week as options beta is very high.
Now my dear investors I am always in the camp which says half full instead of half empty. It always pays to be in the positive frame of mind, body and of course money.
Well this week positive market expected with some wild move in select stocks. Nifty in the way up it will face minor hurdles at 6040, 6100. If it sustain above 6100 with volume, then huge short covering is expected in the bear hammered stocks. Hence fantastic opportunity is available for some quick profit. Nifty will find support at 5940, 5900 and 5880 level.
Since this week marks high volatility. Hence trade in options to be in the safer side. Option trading is very profitable during volatile week as options beta is very high.
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