The volume-based recovery has set the stage for a modest rally into 5,300 next week, however if the level of 5000 is breached than we may see a fall to the levels of 4850. We may see a dead cat bounce back in shorter time frame and thus we may see August futures settling near 5,300 levels on the next trading day as rule of gap down says that gap will be filled. However all eyes will be on global market which will determine the trend and thus keep an eye on the level of 5089 for the signal for any further selling to commence.
Markets in the coming week will digest the once unthinkable—the downgrade of the United States gold standard AAA rating—and the impact it will have on other credit ratings and investor confidence.
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Markets in the coming week will digest the once unthinkable—the downgrade of the United States gold standard AAA rating—and the impact it will have on other credit ratings and investor confidence.
For More FREE TIPS AND CALLS Fill the FREE TRIAL FORM and Get FREE tips for 2 Days...
Nice blog would like to add that NSE and BSE are one of the most superior stock exchanges of India. If you wish to earn good money from the share market then you need to understand the functionality of the stock market properly.
ReplyDeleteIndian stock market offers lot of earning opportunities still many less traders earn from it. Now the question is who earns from the share trading? To be honest only those who rely on stock research as no one can earn big by speculating in the market.
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