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Nifty Weekly Technical Outlook for 06 July’15

Nifty near Inflection Point…

From last many days our market is reacting to global concerns, mainly of Eurozone-Greek crisis, daily some or other news flashes- and still uncertainty persist, hopefully may get some answers by Monday. However, bigger worries hover around Chinese stock market which lost significant market-cap in last couple of days. The week will start with Greece news and also results season will kick-off, all in all it remains a question mark for those who understands little about macronomics and very big question mark for those who understands the macro and digging further (some times more knowledge, may create more quandary). In the markets, with experience I have learnt that whenever you fail to understand what is happening around, and standing in dilemma, it is always better to ignore the noise (news & media) and do what charts & data is suggesting you, period. So let’s see how to position yourself in the coming week, 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. To read last week’s full report click on this link to download the report.

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