|Market This Week
||Last week the market rallied for 5th consecutive week though there were a few hiccups at the beginning. The NIFTY touched a 30 month high of 6200. The rally was primarily fuelled by good FII inflows, under control inflation numbers and a positive global outlook. This week is likely to be a bullish one too. We just need to be cautious if the NIFTY touches 6300. At this level it is likely to face a strong resistance and hence we could see a fall at those levels. Till the time we are between 6100 and 6300 the bulls are in safe hands. Any trigger below 6100 would call for us to get into a “wait and watch” mode.