Thursday 6 November 2014

Sensex Could Touch 46000 Level

Posted by Ways2Capital on Thursday, November 06, 2014 with No comments

Sensex and Nifty are constantly creating new records. Sensex first time has managed to go beyond 28000, and Nifty has made a new record of 8363.65. Sensex has made new record at 28006.6. 

According to wayscapital experts until March 2017 target of 46,000 is set for the Sensex. The weakness in crude oil is the major factor for the big goal of Sensex. The reduction in crude oil will be advantageous for oil marketing companies as well as auto and auto ansiliyri stocks.

Experts says that in next few days Nifty is expected to be in the range of 8300-8470. In the market on every fall there is would be the buying trends and investors should not make the mistake of short in the market currently.

According to the experts there is very rare chance for fall of nifty below 7000. In addition to the NBFCs shares, government banks, IT and pharma stocks have a chance for purchase.



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