Nifty & Bank Nifty Weekly Technical Outlook for 07 Oct, 2013

Nifty Technical Analysis Chart

Nifty Technical Analysis Chart

Bank Nifty Daily Technical Analysis Chart

Bank Nifty Daily Technical Analysis Chart

After bundle of surprises and shock September month is over, but as we are progressing in October month, market started trading with utmost risk and volatility, and it is likely to continue in days to come, that is for sure. To being unsure there are many primary questions which needs to be answered, like we started Bull Trend or still moving under correction? , whether top is done or market is likely to move higher again? CNX IT Index, whether is going to correct in near future or will move higher  and push broad markets? Bank Nifty will under perform or outperform the market? Where Rupee is heading toward, what could be next move in Rupee? Should we accumulate Gold or we should wait for prices to correct?

Like that there are many questions which remain unanswered. At Way2Profits, we don’t claim to answer all this question, but yes, time and again we try to answer this questions?

As Denis Waitley Said “Don’t dwell on what went wrong. Instead, focus on what to do next. Spend your energies on moving forward toward finding the answer.”

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We are covering Major Equity, Forex& Commodity Markets, Way2Profits filters information and streams meaningful conclusions right to your inbox. Technical Research is our realm and we fathom the depths.

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