Nifty is again bought heavily from lower below 5400. This type of buying shows a strong nifty in actual.
What a reality? Fundamental ?
Local factors:
IIP Number were lower this week. Inflation is again in double digit.
Global Factor :
US fed again cleared of slower growth . Inflation is in negative and Fed rate are also near to zero. Assest BUBBLE formation great chance.
After all these you may think nifty is moving up from last 3 month. But in Actuality there is no movement at all.Nifty is only in 5350-5450 range from last 2 month around. Only thing is that it is sustaining these levels.
Market is waiting for something big to come up either negative or up. Greater factor is also a currency .Rupees is becoming stronger day by day.
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