Sunday, January 2, 2011

Where Will Be Nifty in 2011 ?

Our Equity Research Team finds very  accurate  Nifty Target for the Year 2011, while analyzing 10 Years of Nifty-Spot Technical Chart on Monthly Basis. Nifty is in Up-Trend since April 2009 and this Uptrend will   also  continue in this New Year also. Nifty may  see the level of 7000 in 2011 while 5620 will act as a Strong Support .Banking Sectors may not Out Perform in this year, where as IT & Infra Stocks will lead the Rally. We are Optimistic that Nifty will make a New High of 8322 in this Bull Phase by July2012-Feb2013.

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