Wednesday, February 12, 2014

Watch bank stocks,particularly ICICI and HDFC banks..

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  On 12th Feb,Nifty widnessed a rangebound move between 6060 to 6100 and stayed at 6084 level. We hope that Nifty will reach 6100 and go around 6145 level in forthcoming sessions. If the market is not infavour in turn Nifty will comes down to 5975 and 5950 level. The world markets gained
after Janet Yellen, in her first speech on Tuesday as Federal Reserve chair, reassured Wall Street that the Fed would continue the central bank's policy of providing monetary stimulus to
bolster the economy.
  It is better to watch industrial output data for December and consumer price index data for January. The market expectation is a decline of  0.8 percent in industrial output versus a contraction of around 2.1
percent while the consumer price index is likely to be at 9.1 percent as against 9.87 percent on the m-on-m basis.
  Kindly visit our official website www.bullsstreet.com("Click here") for stock market
updates and stock recommendations.

Prof.T.A.Vijey.,M.E.,(Ph.D)
National Stock Exchange of India certified Trainer &
NSE certified market professional
Click here to go to official website to get stock pics

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