Friday, May 16, 2014

Nifty Targets 7500-600 Achieved, 10,000 next !!!!

   
Time to rejoice for investors in India as Nifty today achieved the target of 7500-7600 projected by us recently. Nifty spot today touched a high of 7557 and Nifty Futures touched 7601 to complete the targets.




Its a day of euphoria for the Indian markets as they break the shackles of stagnancy and move ahead to unchartered territory. Our long term Nifty target remains 10,000 which we had projected in March, 2014.

We were amongst the early few to identify the bull market, as early as March 7, 2014, when the dooms dayers  and skeptics were projecting the Nifty to fall to 3800-4000 levels. While technical analysis helped us identifying the bull market, our advanced technical research and Triple Trend Oscillator  gave us the confidence to identify and pick up the trend early.

Here are some of our earlier posts which projected the bull market well in advance :

Nifty heading for 7500-600 ??  (May 8, 2014)
Emerging Markets to begin New Uptrend. (April 29,2014)
Nifty Inverse H&S  (April 22, 2014)
Why FIIs are Bullish on India (April 10, 2014)
A New Bull Market  (March 26, 2014)
Modi Wave or A New Bull Market ( March 7, 2014)