Last Diwali Sensex gained 499 points on Muhurat day (October 28, 2008). Nifty closed at 2865 managing a gain of 134 points. Nearly 1 year has passed and now the Nifty traders at 5100 levels, a gain of 78% in just 1 year. The 5-6 months of consolidation were very painful to the Indian inv…
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Whats next in store for us?
Posted on: October 15th 2009 in Market Outlook.
Nifty close’s above its resistance level of 5080 for the frist time since May 2008. Sensex made a high of 17,274 and a low of 17,117, and finally closed at 17231 204 points up. Dow on the other side seems to be heading towards 10,000, all these factors indicate that we might see som…
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