As seen from the charts nifty is poised for a break out above 5310 on closing basis. The immediate target for this will be 5460 and a little bit correction on the eve of RBI credit policy review on April 20 th. But, after that correction up to 5200 the markets will come into a new bull wave that may lead to new all time highs during the year.
Global markets are all set for a big rise against to the earlier expectation of correction in the 2010. In such case DOW is meant for a big rise to retrace fully to the new highs during 2010 & 2011. This may lead Indian markets to new highs. In such case nifty new target will be 8400 in the coming 1 & 1/2 year target.
Global markets are all set for a big rise against to the earlier expectation of correction in the 2010. In such case DOW is meant for a big rise to retrace fully to the new highs during 2010 & 2011. This may lead Indian markets to new highs. In such case nifty new target will be 8400 in the coming 1 & 1/2 year target.
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