Nifty Weekly Technical Outlook for 21 Sept’15

In what state of mind market is??

Finally Fed decided to keep rates unchanged, so quandary does not end here, it keeps on going, now again after few days market will start speculating on it, but I think nonetheless this factor is already discounted. Coming on to our markets now we are speculating on RBI’s stance, whether they reduce the rate or not, and looking at price action it seems that traders are already betting heavily on interest rate sensitive stocks, and now waiting for things to actually take place. Our markets are on the path of maturing, but still it lacks liquidity & confidence. In the coming week expiry is lined up and speculation regarding rate cut, so how to position ourself in such a situation, lets analyze the facts and come to a conclusion. To read full report you need to Register here (it’s free) and if you are already registered then there no need to register again, you’ll shortly receive newsletter.

outlook on nifty for 21 sept onwards

 

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