12 December 2010

Nifty : What Next?

3 comments:

Faisal Humayun said...

A high probability that we might reach 5690 levels in the near-term...however, not sure if the fall below that might take us to lows of 2009...

One thing is for sure, the liquidity scenario globally with tighten in near term and that will have negative impact of equities and commodities...to what extent, remains to be seen....

Tarique Anwar said...

well lows of 2009 come under threat only when nifty falls below the election gap. this can only happen if there is some major threat to economy again maybe japan or US going belly up ;)

Faisal Humayun said...

Yes, thats entirely conceivable...I think if US has to go belly up, markets will tank owing to high geo political tensions...They will engage in some sort of warfare and in the midst of that do something about their currency and deficits...anyways in times of war, deficits dont matter for any country...let's see where we are headed...

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