Finally, Nifty Futures crosses the hurdle of 10000. Bull has over weighted against the bears so far. Market rose high for six consecutive days without any halt. Nifty in June series might see some more higher levels, so it’s advice avoid short sell go carry long position. Look after some quality stocks that are available at cheaper price.
To cross Nifty 10000 levels it took over 60 trading session. Investors stock value is recovering significantly with help of FIIs and DIIs uninterrupted buying stocks in cash market at daily basis. This time a positive rally might continue through out the June series.
Looking after the buying data of FIIs and DIIs it indicates more upwards journey is still pending in the market. Global market support and Asian market rallying a decent upside seems Nifty Index to cross 11000 in June series.
Untill and unless there is no trade war news comes in between United States and China, market will continue positive momentum. So buy at dips and sell on rise should to be focus on. Buying Nifty Index listed share can generate higher investment returns irrespective of Nifty Index.
Last month May series was not up to the mark, after the stimulus declaration there seen a huge sell off across Index and Stocks. FM unable to convince stock market and investors too. Presently market avoiding all the negative news and looking after some positive waves.
So, keeping such on views Dow Jones, SGX Nifty positive help Nifty50 Futures roaring in last couple of days. So look after to buy at every dips for Nifty 11499 target in June series .