The general election results effect is the next big trigger for setting up Nifty for fresh trading zone. Currently trading at life high (6840 highest closing yesterday), Nifty is likely to target 7000-7500 in the May series. Happy trading !!!
May 13, 2014 Update:
The exit poll results has buoyed Nifty towards the minimum expected target of 7165 on spot price today. Happy trading !!!
May 16, 2014 - Nifty May series Update:
As election results are trickling in, the Nifty has done the target of 7550 spot and now correcting as the markets had already seemed to price this result ahead. Happy trading !!!
