Market View: 21-25 Oct 2013

Filed in Market Update by on October 21, 2013 0 Comments
Week Market View: 21-25 Oct 2013
Market This Week WOW! What a massive rally last week. Has bought smiles all over. 6000 has finally been taken off. What next? These are the levels which NIFTY has failed to break for the last 5 years. Every time it reaches here, strong supply comes in and NIFTY tumbles. With the festive season ahead, its difficult to predict the next move on the charts. However, a very important instruction which all should follow is, please follow strict stop losses and ‘EXIT strategy’ very religiously. If NIFTY is to break from here on wards, our money would be protected as we would exit all our positions at the right time. If the rally continues, we will mint money!! FII statistics have been positive for the last couple of weeks. 
FII Inflow
Sr.No Reporting Date Net Investment (In Crores)
1 14-Oct-2013 993.60
2 15-Oct-2013 755.30
3 16-Oct-2013  
4 17-Oct-2013 1147.30
5 18-Oct-2013 820.40

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