As per study, big trader, operators, so called FIIs will not sell there positions till there holdings gets benefit of long term capital gain tax. Look this journey of gain started in 26 Dec 2011 and till 31 Dec 2012 market can show huge gain. We small investors need to be cautious in starting of December month because they will start profit booking in this month to show there balance sheet stronger. So all is saving Tax a Big Game......Reply expected.
ya, I seen Bullish pattern in nifty chart , nifty is broke out from 5600 which was the largest Resistance now nifty keeping above that level for over a week. now we will see a little correction before nifty going to new high for( taking a breath) t next target of 5900-6000.
If the present trend continues and hope in the coming weeks there are more reforms from Chidu then there is no doubt why it will not cross Nifty 6000...Even I am expecting 6200 to 6300 by Divali...Best of luck..Keep in investing...
hi Tanay..I have been watching your calls since 2 Months your calls are really awesome, i would like to know weather is there any chance of nity comming to 5600 Mark in next expiry?