Bounce Back to 5700-5750 likely, just to trap retail or create more buyers!
Sharp decline will resume, look for Nifty 5000 to 4800 levels by March - April '11
Dull period from April to June '11 expected. Market will not show much movement. Global market like US will resume fall during these months. This can be the BEST TIME to BUY.
Expect bottom around Nifty 5000 & SENSEX 16K
A lot can happen over 3 months......
It would be much better if u had given some Macroeconomic scenario which may affect these movements in market...
ReplyDeletefall is expected due to higher inflation, rising fiscal deficit, middle east issue.
ReplyDelete