MARKET OUTLOOK FOR THE WEEK 23.9.13 TO 27.9.13 Well this week volatile both way market move expected with some wild move in select stocks due to the following reasons: 1. Fear of QE3 tapering from October 2. German election results in coalition government 3. F&O expiry for September series. 4. Rajan disappointed the market in RBI policy. Nifty will find resistance at 6040/6100 level. Nifty will find support at 5880, 5800 level. Since the expiry week it will see high volatility. Hence trade in options to be in the safer side. Option trading is very profitable during expiry week as the premiums are very low and options beta is very high. For live report and call visit ashoksharma.in Wishing all a Profitable Week Ahead.
Posted on: Mon, 23 Sep 2013 02:35:19 +0000