Samvat 2073: Where Nifty Will Go First ? Either Towards 11350 Or 6550 ?? But High Volatility May Be Name Of The Game----Watch 8465-8850 In NF For Short Term

Despite India being a "sweet spot" in global economy, various geo-political events and global jitters may be the biggest headwinds for Indian Market.  

Thus volatility will be there and it may be a trader's paradise (both bulls & bears). For investors, contra play may yield more rather than chasing the market in the mid to long term.

Technically, as of now, probability of going towards 8000*-6800-6550 area may be more rather than 8850/9075*-9200-11350 zone on 2073.

One may watch 8465 & 8850 for any definitive movement in the short term on either way.

Have a very happy & prosperous Diwali for all of you---- 

 SGX-NF