Market Update #4

Every time NIFTY falls, we can see the buying happening. This is a good sign. NIFTY has been consolidating between 17300-17750 for the last 10 days. This is a good consolidation, break of either side will define the next trajectory of NIFTY.

In the last 5 months more than 1 crore demat accounts were opened. This could positively affect CDSL and broking companies like Angel Broking Ltd.

Your Prediction

• 0%NIFTY 18000
• 0%NIFTY 17200