Dear Boarders,Do let us know your views and opinions on the poll.-MMB Messenger

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2.16 PM Apr 3rd 2010 | Track

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Market Outlook - Short Term

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MMB Messenger

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Dear Boarders,Do let us know your views and opinions on the poll.-MMB Messenger

2.16 PM Apr 3rd 2010

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Guest

correction after the annual results

4.13 PM Apr 3rd 2010

sudiptopoi

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market in overbought situation , possible to slip below 17k

6.33 PM Apr 3rd 2010

Guest

sensex will touch 21000 by august.

10.04 PM Apr 3rd 2010

santosh_sha
hi

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I donot think that Market will slip below 17k this month.The fundamentals of the companies are still very good.There is positive mood in Corporate sector.

10.58 PM Apr 3rd 2010

ramakar

Platinum Member

16 Followers

No way sensex is going down below 17000 until and unless a major sell off to be started on wall street .Clearly sentiment is positive as earning season is started. so i think DOW to climb 11350 or 11500 before to start a periodic correction. For nifty my upside target is 5400 to 5450 and sensex to 17800 . Reason behind this is NTPC , RELIANCE, SBI, ONGC, and few other NIFTY components which have potential to push the NIFTY above 5400 once they comes in upswing.As reliance, NTPC ,SBI looking good on technical chart so i dont see a major downside risk. All eyes are on RBI action on rate.If RBI keeps rate at steady level or even 25 point hike then market will digest it but rate hike above 50 basis point will have immediate negative impact that can pull the nifty to 5000 or sub 5k level.

1.52 AM Apr 4th 2010

Guest

The Sensex wont slip below 17k this month as per the current market situations the IT and Banking domains are in good profit so i feel like the Sensex wont go below 17k this month

7.42 AM Apr 4th 2010

Guest

INDEX WOULD GO TO THE LEVEL OF 18300 IN SHORT TERM

9.45 AM Apr 4th 2010

cksachdev

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The market has no reason t slip below 17k his month as the global ques are not that bad and add to that this is the month for quarterly results. If it has to slip below just for the sake of a correction then too it would go below 17k in the next month when the earning upgrades are done, which will be healthy.

12.52 PM Apr 4th 2010