Index ( Nifty Future) overcomes to 5500 trust & hope in the Govt. police reforms.
Indian Economy now ends of the street. Government trying to rotate the top wheel. But lot of barriers. Wheel does not rotating due to political partners. Also negative insufficient rain during this year.
Now something needs to stimulate the economy by the government that all steps, including:
• Interest Rate Reduction
• The share market, and mutual funds faced life
• Gold export control
• measures to increase exports
• air transport companies in retail, business and foreign investments
• employment opportunities in the industry, such as cloth, leather, jewelry, food processing, etc. for the new package
• The reduction in the subsidy diesel.
• The budget deficit cut.
Technically Nifty future mostly valuable points is 5350 figure. Below this level Nifty can start falling up to 5280 to 5200 level. Above 5350 level chance to touch 5550 level. I thing this week deciding to where goes to our market in coming days.
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