Nifty 13000 or 11000 before Polls Outcome! Our Conclusion 13000!
Nifty 13000 or 11000 before Polls Outcome! Our Conclusion 13000! Nifty closed at 11754.65 on last trading session after sustaining the support at 11550, Market confronted the fear as Vix surged to 25 and fallen to 21.75. In midst of election, we’re seeing Nifty composites surging 4% to 5% weekly average basis. In earnings season, as optimism over market and their estimates number are beating pessimists & bearish players. And market data and other large cap stocks and their performances are all depicting a remaining rise towards 13000. Global market are surging and trending up. Dowjones30 Index surged 4.5% up from 25450 to 26580 in a month, which is why global market sentiment is positive. S&P 500 Index surged 7.2% up from 2750 to 2950 in a month. Nasdaq 100 Index surged to 11.9% up from 7010 to 7844 in a month. So, where are the barriers? We witnessed major rise in India Vix from 14 to 25, almost 150% rise in a month. We can expec...