Siddharth Bhamre of Angel Broking, in an interview to CNBC-TV18 shared his reading and outlook on the futures and options markets. He believes there is more upside left in this market.
In an interview to CNBC-TV18, Anil Manghnani, Modern Shares & Stock Brokers shared his observations on the market. “If you look at the last four months only, it has been one month up and then one month flat, so we have already had the November up and December flat. So if all goes well then January should actually go up,†he said
In an interview to CNBC-TV18 SP Tulsian of sptulsian.com said that he is keeping a positive stance on January series with target of 6150 on Nifty.
The December series is about to end and the market is likely to be governed by domestic as well as international cues, believes VK Sharma of HDFC Securities.Sharma feels, the Nifty might drift slightly slower for the settlement and move in the range of 5823 to 5838.
In an interview to CNBC-TV18 Hemant Thukral. Aditya Birla Money shared his reading and outlook on the Futures and Options market. He believes the downside to the market is limited because bullish sentiment still prevails.
Siddharth Bhamre of Angel Broking expects the Nifty to witness resistance around 6,000 levels.
The Indian market witnessed a spectacular rally on Tuesday. In an interview to CNBC-TV18, Sudarshan Sukhani, s2analytics.com says the target of 6,000 or thereabouts seems within the realm of possibility in December now. "Now, we are looking at a short-term uptrend that is having a strong momentum," he adds.
The market has been slowly but steadily gaining inch by inch over the past week, but Sudarshan Sukhani of s2analytics.com tells CNBC-TV18 that it is time for Indian equities to consolidate.
Experts tell CNBC-TV18 that there are not going to be fireworks going off in the market during the December rally.