US MARKET HIGHER ON THRUSDAY

On hope of announcement by ECB to issue dollar to European banker to ease liquidity and resolve financial issue in euro zone takes positive note for us market on Thursday ,

A significant buying shown in all financial sector indices and other manufacturing industries gave momentum to US market and Dow Jones open with flat opening and end with day high of 11433 up 186 point from its previous close a rise of 1.66% and NASDAQ also close at 2607 with 37 point jump .

Asian market open with high note both hangseng and Nikkei index open almost 2% since previous close showing strength in Indian market too ,Indian market to open in positive and more short covering seen in market but due to hike in petroleum price and RBI credit policy to announce today around 12 noon one should avoid buying and book profit at every rise if your stock get 15-20 % rise in price.

NIFTY 6500

Market up after touching a low of 5180 nifty in june 2011 shoot up 400 point with huge buying across the board in banking ,metal and fmcg sector at expiry.
 i wrote befor a upmoov in nifty before seems FII moov continue buying movement and nifty can go up to 5800 in july as quarter result comeout as market expect a down in sales and profit margin in company already discounted to price.
 My feeling nifty may be break its all time high incoming three month and may be surprised nifty touch 6500 levels, investor can buy stock with good fundamental and strong revenue growth for long term investment .

the outlook for indian market for two year is very strong and indian market soon lead asian growth as consumable numbers.