Nifty is expecting to move to 5350 levels in near term

Nifty had shown string support near 4600-4800 level in past. It went several times but ultimately come up. This time also nifty again come to 5150 level. RBI is planning to take some good action against falling rupees soon. There would be some corrective action government will take to grow investment and control falling rupees.

FDI investment also soon come into picture. Crude price falling will boost up Developing economy growth.

As per our analysis nifty may rise up to to 5350 in short term.  When every body is selling it is good time to invest. Long term view of India is very bright and definitely market will improve and get a nifty target if 6500 by 2014.

Indian Market in narrow range

Market is moving in narrow range on Quarter four number. Number vary from top to down.  Where the Infosys and reliance shown poor numbers in term of lack of guidance on other hand Automobile and banking shown good number so far like Maruti and Axis bank. Again  it has been proved that India is consumption based story any thing which is consumption base will grow like banking automobile and FMCG, medical , education sector.

As we always told invest in good fundamental story , consumption base industry and sectors. People who invest in good A group share never be in loss .In long term they always in profit. We suggest always stay away from real state share ,since this is lot of grey areas in this market. People making money not due to innovation or talent , but due to having good relationship in governance and cover up the market.

In last Stay invested , dont panic on any turbulence , people in past get paid good who only stay back in market in long term.