Nifty & Bank Nifty Weekly Technical Outlook for 30th Dec, 2013

Nifty Daily Chart

Nifty Daily Chart

Bank Nifty Daily Chart

Bank Nifty Daily Chart

He, who every morning plans the transactions of the day, and follows that plan, carries a thread that will guide him through a labyrinth of the most busy life. – Victor Hugo

A year is about to over and in the week itself we are going to enter in the year 2014. As an individual we should assess and evaluate ourselves about our past and project for future. During the course it happens that you divulge in something else, by choice or force but, you should plan, because without planning you are driving your car in clueless direction. Above analogy fits into the markets as well, but we take it with little twist. We don’t insist to forecast the future price and direction of the market, as it will put you fumbled every time and you are bound to stay in your boundaries and regret to catch the right price movement. Why should you, rather we believe stay in today and understand what could be price movement of in near future and trade the market, simple. By doing this neither you are stuck nor to feed sad, and in return enjoying the fruit of success. So, friends why don’t we pass some resolution for our trading also. (Click Here To read Trading Resolutions

Year 2013 begins with 5900 level and at the end of the year we are just at 6300 levels, yes we saw volatility, but directionally we could add only 400 points in our kitty, which is just 6-7% add on. Lets take a look where market is taking us in coming few weeks. To read our full article you need to fill in details here and our newsletter will be dispatched in your mail box by tomorrow. Click here to register,

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