Market needs to cross 13300-13400 to maintain uptrend

According to experts, markets have exhibited flamboyance and will continue to trade strong provided 13,300-13400 is crossed decisively.

SP Tulsian, Investment Advisor, feels that markets will see short-covering in the coming week.

The factors influencing the markets are the industrial growth rate of 11% and the growth rate of the companies.

Sumit Rohra, Antique Stock Broking: Outlook for next week looks promising

Markets have closed on a flamboyant note and it will be up provided that 13,300 is crossed decisively on Monday morning. Outlook for next week seems to be promising. Markets would continue to scale up their way as they have been going. Midcap participation is required for markets to maintain their momentum and which will soon happen.

Cues in the market are positive except that bull markets are eyeing a corrective phase. But India sentiment is so strong as of now and that Indian corporate numbers have been quite exciting, so markets look promising.

SP Tulsian, Investment Advisor: Fundamentals are playing an important role coupled with liquidity

Market is looking good at this point. Because of the strength in market we saw the bounce-back ( we went short on Wednesday). We will see short-covering taking place also in the coming week. Fundamentals are playing an important role coupled with liquidity.

Deven Choksey, KR Choksey Sec: Markets to cross 13400 to maintain the uptrend

Markets are headed towards 13400 and we have further continuity in the markets if it sucessfully crosses this level. A small correction at these levels is not ruled out. The factors influencing the markets are the industrial growth rate of 11% and the growth rate of the companies.

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