SOMETHING IS COOKING BEHIND THE
WALL OR EFFECT OF FDI LIQUIDITY ?
The
NSE Nifty spot closed at 5691 up by 2.5% with gap up and huge huge buying
pressure. Non-retailer has benefited from this buying pressure. Is this real
bullish trend or making fool to retail investor. At this time, Retail investor
will think about "bulls come back" in the market to pull nifty spot again above 6000-6300 level or record
high. On the other hand, lot of stocks have price of 4500 level nifty, but the
actual nifty spot is at nearer to 5700. How this can be possible ? This
question was raised in our mind. The answer is huge buying in only heavy weight
banking and finance sector and stocks with Nifty spot stocks involving manipulation.
If changes would not be taken in nifty spot stocks, our actual nifty spot would
be approx 5000 or below that. Still there are lot of words to write, but you
can contact our analysts to get proper in-depth research about market and its
trading. In the technical, nifty opened gap up and didn't fill the gap, and
been bullish on the weekend. Lower indicators are showing more bullish trend or
expected buying in coming days. As a result nifty spot may reach to 6000 as per
our statistics and economical analysis. Intraday traders are advised to be very
cautious about their intraday positions, positions should be square off in intraday only. Medium term investors should
trade with lower quantity in the market till some time or until some political
stability is not there.
Happy
Trading !!
Megha
Investments & Research Team
