|
Short term jittery may help investors! |
13 Dec 13 07:15 AM |
Traders and investors are FOMC meeting to be held on Dec. 17-18. Analysts expect the FED may start tapering of its monthly bond-buying program owing to the recent upbeat U.S. economic data. The Indian market may experience dramatic price reactions once the tapering is actually announced by the Fed.
Gold fell sharply yesterday but regained some of the losses by the end of the day. It appears gold may retest the strong support which exits at $1180.
Though the Nifty closed at its lowest point in a week, the total turnover on BSE was lower than the usual turnover. Right now there is a support at 6150 below which the Nifty may sink down to 6100! Let us check if Nifty can be supported at any one of the support levels. Members who initiated shorts may cover their shorts today and enjoy the weekend. |
How is it going to be in the year 2018? 01 Jan 18 07:57 AM
Infosys completes buyback! 25 Dec 17 09:15 PM
This one quote of Peter Lynch can help you to make millions! 17 Dec 17 10:56 PM
December investors meet is scheduled on 17th! 10 Dec 17 10:16 PM