Wednesday 19 June 2013

Morning Bells (20 Jun 13)

Good Morning Friends,

Today there's nothing special as global market is eagerly awaiting Fed outcome.

I have already stated in y'day's MB, if Fed disappoint then global market will react on it sharply specially markets which are more concerns with US i.e. EU zone.

Its impact on India will be a bit lighter because when all global market were climbing we were falling and now corrected a lot.

So keep physiological level 5750 and then 5685, also max 1-1.5bn FII outflow, we are in a trading range of 5700-5950.

So lets see today morning whats in fate.
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