KPL's blog on Indian stock markets, science, technology and more
August 10, 2015
HDFC SEC expecting NIFTY @ 8000 this series
HDFC Securities is bearish on the market and is expecting a correction 8000 levels or lower in AUG series.
Here is the weekly chart... looks like H&S.
>>> Our initial target is 8,000 mark before August expiry and the major bearish setup’s target is 7500 or lower before Q3
earnings season i.e. Dec 2015. <<< Read complete report here