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Friday, February 27, 2015

Nifty Post Budget 8200 or 9300

Nifty post budget depends how strong budget will be presented by Arun Jaitley. On a broader side there are high expectations . Budget will be mix of tax reforms , black money , make in India vision.

It seems to be good budget and nifty may stretch to 9300 maximum. After that there may be a correction .

For long term investor buying is always a good opportunity. This year it will be long bull market which see many rate cut in interest and see growth in GDP.  Long term nifty looking 10,000 by year end.

It depends are your trader or investor ?