Market predictions for Next Week

From Monday to Wednesday market Gains last Week but in the single trading day Thursday lost all gains and went in deep red. However, the Friday market covered its lost ground a little bit. We future moved in between 12013 to 11661 last Week a wide range of 300 points movement we have seen.

The real weakness we have seen from Thursday morning itself although some stocks tried to go up initially as time passes Market fall heavily due to its weak chart and all stocks then slowly starts to participate in the sell-off later panic selling from 2 pm.

After delivered the best result, we have seen a big profit booking in INFY and last two days most of the IT pack seen a big profit booking while in the previous trading session in Friday metals outperforms.

HCL’s Q2 net profit stood at Rs.3142 crore, announces Rs.4 as interim dividend:

Next week market Predictions

We are expecting Market to Remains sell on rising, and we expect a big sell-off again and Market with target 11600 then 11200.

Traders should take position sell on rising and advised not to take longs in the Market.

We are expecting a big sell-off in the Market upcoming Week and advised all traders not to go longs.

Stocks to Sell on Rising next Week

HCLTECH

MANAPPURAM

RECLTD

TATAMOTORS

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Have a wonderful profitable week.

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