Due to technical reasons,we have note been able to publish full edition of Daily Market Trend Guide. However, brief market forecast has been reproduced herewith. Inconvenience caused is sincerely regretted.
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Brief Market Forecast for the Day -- Friday, May 29, 2015
Today's analysis again continues to remain on similar lines. The
Markets may witness a modestly negative opening and therefore moving
past is 200-DMA would again continue to remain of paramount
important.
At
Close levels, the Markets have held on to the levels of 200-DMA and
it is expected that these levels would continue to hold at support
at Close.
Volatility is expected to remain and the Markets are likely to
continue to trade in a broad range. While maintaining liquidity,
some selective purchases may be made. Overall, moderate exposures
should be maintained.
Milan Vaishnav,
Consulting Technical Analyst,
Af. Member: Market Technicians Association (MTA), USA
Af. Member: Association of Technical Market Analysts, INDIA
www.MyMoneyPlant.co.in
Af. Member: Market Technicians Association (MTA), USA
Af. Member: Association of Technical Market Analysts, INDIA
www.MyMoneyPlant.co.in
+91-98250-16331
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