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Wednesday, 11 July 2012

Market Outlook for Tomorrow - Share Market

Share market India today traded with significant declines with reality being the biggest looser, in the morning bell it have been opened negative and overall scenario seemed negative too for whole day, but then gained bit strength to give respectable close. 

Share Market View For Tomorrow -
Current share market trend is moderate and cant be said exactly where it will be heading tomorrow. Market today became very negative and traded in red whole day, all sectoral indices today traded negative, so we would say liquidity and sentiment is driving the market. Our experts believe the market is waiting for positive cues, whether domestic or global, tomorrow the market may open on a strong note also the opening bell may be positive and market may  move higher and test 5,360-5,370 levels. 
Nifty Trend and Expert Recommendations -
Nifty shut today at : 5306, its being traded negative whole day and seems some chances to rise in tomorrow's trading session. Don't be surprise if  Nifty climbs to 5600 in the next month or so. However, we advise long-term investors against buying into the current market because of the lag in fundamentals.

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