Showing posts with label nifty outlook for 24 nov 2015. Show all posts
Showing posts with label nifty outlook for 24 nov 2015. Show all posts

Monday, November 23, 2015

NIFTY OUTLOOK & FREE NIFTY TIPS FOR 24 NOVEMBER 2015

“SELL NIFTY BELOW 7820 TG 7790,7760 SL 7840”
FOR EQUITY TIPS VISIT CASH TIPS
The domestic markets ended lower in trade on Monday, swinging between minor gains and losses for most of the session. Markets have closed the session marginally lower, as investors remained cautious ahead of unscheduled meet of the US Federal Reserve later in the day.   Market Sentiment turned cautious ahead of the expiry of derivative contracts in a holiday-shortened week. The sensex closed 49 points lower at 25819 and the Nifty slipped 7 points at 7849. Market breadth remained negative with 17 of the 30 Sensex components ending the day in red. All eyes will be on December. There is a bit of caution going forward, there is our own rate action and the Fed rate action, which people are watching. The Market may remain cautious on account of factors like expiry which is due on Thursday, 26th Nov and the start of the winter session on the same day. In the meantime, global market may remain cautious as the focus is on the Fed rate hike which is likely to happen in Dec’15 – Jan’16.