Today off sudden I planned to start weekly news letter related to stock Markets on Squamble after a good success of Squamble Investing (A bunch of good articles related to investing).
This week we had Indian Markets opened just for three days due to public holiday on Monday and today. Markets remained positive through out the week.
What we saw in Indian Stock markets this week?
- Inflation has started to rise. Expect WPI to go higher further say experts.
- Sensex crossed 17K mark after a long time.
- Global sentiments are supporting the Indian Markets.
What can we expect from markets in Short term ?
Technicals show Indian markets are strong and have a good support at 4900 on NIFTY. Diwali the festival of lights is coming near, last year during the time of Diwali markets went down till 7800 mark on Sensex. I expect a much better Diwali this time! 
Short term target for NIFTY is 5200 in my view.
Stocks to look out for : Rajesh Exports , LNT , Praj Ind. & MNM.
Read Disclaimer!
Related posts:
- A Few stock market abbreviations you need to know. These are few abbreviations used in the Indian Stock markets....
- The Finance FIZZ on Friday Hindustan Motors to launch a premium car (Along with Stock...
- Another Report says Sensex to touch 50,000 in 7 Years Its not too long when I wrote about “Sensex to...
- A close watch on the Indian Stock Markets The story of the Puppet and The Puppet Master :...
- Investment Handbook Squamble Investment Handbook is a book on Investment and Finance....
{ 1 comment… read it below or add one }
Nice analysis of stock market, heading is too good, finance friday, i like it.