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STOCK MARKET AND NIFTY OUTLOOK FOR NOVEMBER 9th, 2011

NIFTY TRADE IN TIGHT RANGE 5250-5300 TODAY.
THIS INDICATES BULLS MOVING SLOWLY TOWARDS
5400. OTHERS REMAINS SAME.

G-20 MEET AND GREECE POLITICAL WAVES MAKING
VOLATILE MOVES IN GLOBAL MARKETS.

FED MEETING GOING ON . EUROPE AND US MARKETS
TRADING 200+ POINTS GREEN. DOLLAR INDEX SLIP
TO TO 76.77. GLOBAL FRENDS AWAITING FOR
GOOD NEWS.

ALL EYES ON FED MEETING. EUROPE AND US MARKETS
TRADING DEEP RED. DOLLAR INDEX JUMP TO 77.36.
FOR NIFTY RE-TESTING 5200 ON THE WAY.

WIPRO, ICICI, AND HUL POST GOOD RESULTS.
BUT GLOBAL TRENDS PULL DOWN NIFTY. AS WE
POSTED HERE RE-TESTING 5200-22 LEVELS MAY
HAPPEN. BUT, USE THAT DIPS FOR BUYING.

FIREWORKS BY BULLS LIFTS NIFTY ABOVE 5200 UPTO 5400
AND CLOSES AT 5360. RE-TESTING THE BREAK-OUT
POINT 5200-222 MAY EXPECTED. BUT KEEP IN MIND,
BULLS ARE JUST 52POINTS AWAY FROM 200DMA. IF THEY
MANAGE TO CLOSE ABOVE 5412 THEN THE TOTAL MARKET IS
SHIFTING INTO THE HANDS OF BULLS.

DOLLAR INDEX TRADING NEAR 75 AND DOW TRADING
250POINTS GREEN. GLOBAL TRENDS GIVE
GREEN SIGNALS TO NIFTY FOR BREAK-UP.

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AGAIN U.S MARKETS MELTING DOWN. AS WE
POSTED HERE WE HAVE TO WAIT FOR TWO
MORE DAYS TO GET CLEAR TREND.

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