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SGX Nifty Live Quotes

SGX NIFTY Trading Hours: Mon-Fri 6.30am - 3.40pm (India Time IST Time)

Monday, January 26, 2015

Market this week depend on these factors

Market is already run high in last couple of weeks. This week is expiry week for contracts so there will be huge consolidation and don't see a new high this week.

Greece Election result and US-Indo business talk are main factor to effect market this week.

Nifty already standing above 8800 and run almost 10% from recent low of 8180.  There is a big chance that nifty may correct first then make a new high before budget.  Expert expecting nifty to touch 9500 by March'15.

So wait and buy good fundamental strong shares after small correction for a medium term to get good profits on your investment.

Wednesday, January 7, 2015

Nifty in a new range of 8050-8450

For nifty to make any move nifty have to break these ranges. It is a small range of 400 points.

Any side break can take 5% move at least. This mean if it break 8050 , it make go up to 7700 and if it breaks 8450 , it may go beyond 8700 levels and make new high.  Any ways India is in a big bull market range , so any lower side is good to buy. Buy good shares like SBI, Godrej properties, power shares , or PSU banks these are going to give good return in near future.

For future and options traders : Buy SBI 300 call at current price.