Will the current rally continue?

Hi everyone,
The Indian markets rallied strong last week,amid concerns about rising inflation and declinINg IIP numbers.....can this rally sustain?
The markets are yet to breach 200 EMA....what's u r call on markets?
Experts plz post your views?



Vsangeeth

hello everybody
I mahesh shah doing sub broker business in cochin and having 10 years experience in the stock markets
Every year lots of new members come to this business and to hold to this profession one should have lots of discipline and some basics knowledge of the business. In the days to come I hope I will share elders knowledge which will help me to hold to this profession

near term 5000/5050/200dma level is critical. Close above that, we should go to atleast 5200...AND the InvHnS tgt is 5400/5450. Lets see what happens.

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200-DMA stands at 5100.we have closed below 200-DMA ,for a 17th time in a row. Few days back ,we were more than 500 below it and the good news is that we are hardly 160 points below 200-DMA.

Will end tomorrow, Nifty may close 100 Points down and might close below 4840 on monday 31-03

Hi kishan75,
Please also share your logic with us. InvHnS target looks like 5350-5400

I will tell you tomorrow evening when my prediction this will become true tomorrow

Dont guess dear just share ur logic for all of us. The market movement is showing enough strength for the last three session......

I am a day trader and not an investor any more so hardly matters for me. Anyway thanks for letting us know your view.