Market View: 12-16 Nov 2012

Filed in Market Update by on November 12, 2012 0 Comments
Week 12-16 Nov 2012
Market This Week This week the earnings season continues with some important results to be declared. The week offers only a few days of trade due to the festive season so this is not a big week in terms of trading. No big moves would be seen this week as a lot of big players have played out and globally markets are flat, after the correction last week. The NIFTY would be in a trading range of 5550-5750 this week. Please do not doubt this consolidation phase of NIFTY as it doesn’t owe you a rally every week. That’s how the markets behave and we are sure that a breakout is expected soon. It’s boring and frustrating when the NIFTY trades in a range but this is healthy for the market and if you be stock specific, you can make money. Follow the recommendations with special focus on mid-caps for this week.
FII Inflow
Sr.No Reporting Date Net Investment (In Crores)
1 05-Nov-2012 781.90
2 06-Nov-2012 413.10
3 07-Nov-2012 233 
4 08-Nov-2012 744.90
5 09-Nov-2012 308
Strategy For The Week
  • Be stock specific. Stay away from F&O trade. 

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