Wednesday, December 27, 2006

Year 2007

With the way markets are growing in the last few months, the fear factor takes over! We also witnessed a minor falls last months and this month. It was obvious that the markets will go down on profit booking from FIIs and Mutual Funds. After these dips the Indian Stock Markets are heading up again.

I think we will reach new highs in the month of January. Nifty and Sensex, both will create new highs. Nifty and Sensex also have created support levels through this journey. So a possibility of a drastic fall, which we call a 'correction', is very rare.

I think the markets will be volatile but it will not let you down :)

Happy Trading
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1 comment:

Rohit said...

What is the outlook for first 2 qrts of FY 2007 ?