Where is the NSE Nifty 50 headed?

[Traderji]

Markets at new 7 month high!

With the BSE Sensex and NSE Nifty crossing their previous tops, it looks like we may be testing the previous highs made by the indices.

Any comments? Which sector do you think will be a leader in this move? Will it be banking and IT sector?

You are correct RajK. Looks like a continuation of the uptrend.

The sectors to look forward to is the Tech/IT sector and the consumer durable sector.

 

[sudoku1]

its nearly 2 months that the mkts r trending sideways 2 up.........
on sensex 9415 is very imp for 2day........a close below this....will end this uptrend paving the way for a break for nifty below 2800.