Showing posts with label nifty 4000. Show all posts
Showing posts with label nifty 4000. Show all posts

Indian economy whats ahead

Today market looking to open with a positive side and nifty to open 4750 level still seeing selling pressure in market by FII. Data of FII showing they selling in future in December side so lot of short position in December series showing still pain to continue my advice for fresh trader book profit at every rise and keep watching more down trend to continue .
Market side euro zone looking still more bad news to continue and now some addition in losing field in financial and banking system pull down growth to lowest level in Europe,
Crisis in euro and high price of dollar making a pain for growing country because of high import price in crude and energy product got impact of high inflation and added fiscal deficit .
Indian reality and infra space having more downtrend negative bias ahead due to concern about these sector and high interest rates banking sector is also affected so we can these sector affect India growth story at black more coming six month is very tentative for Indian economy .
Stock market levels nifty looking to touch 4000 mark in coming months.

Is market bottomed out

After speech of fed chairman Ben Bernanke to review again in September for economy and no qe3 declared in us yet now as market prediction stock market dow Jones and NASDAQ just recover from month downtrend .
since two working day both index up more then 4% and also Indian stock market also regain on Monday nifty boosted 170 point in a single trading session lot of buying activity happening ,here the question in investor is market bottomed out now or still pain continue.
In my view still condition in us is not better its rally is just a reaction of policy also short covered so may be down Jones gain slightly more 200-300 point but my opinion condition for USA is more worst then ever and market will go down Indian investor also need to not to go for fresh buying because Indian economy also be perform negative from this quarter and more down word still to come.
my view before Diwali nifty can touch 4200 mark so better wait and watch for new investment.

dow jones slip again

Dowjones slip again on monday 5% on fear of shrink in us economy and downgrade by fund houses really a concern of worry for not only usa but also for world economy due to globally worry about fiscal deficit and inflation.
i already concern about us economy and expected line for a double dip reccesion for usa in my older post and seem it happening in now.
lot of economist viewing sharply crude and commodity downtrend is positive for country like india,china and devloping country but if commodity and crude go more down 20-30 % from here its not benifical but it more fear for deloping country due to a globally recession in all over the world.