Hi friends
We experienced a very volatile and unexpected trading sessions during last one week. And this period of uncertainty will remain further as long as we see more FII inflows.
This week is also a period of F/O expiry, so there will not be much movement and We can expect further volatility in Indian stock market. The trend of future events in market will now depend upon FII investors inflows in Indian markets and govt. monetary and fiscal policy.
In view of rising inflation, rising food and fuel prices, there is some pressure on Government. So there remains a fear of some political instability and this can lead to some further unexpected trading sessions.
As American markets remained mixed on Friday and European markets ended in green, the opening session in Indian market will somewhat depend on Asian market opening on Monday morning, but Still I expect Indian Stock market to open positive and showing some positive trade in morning, but there will be some pressure on market and this can lead to some profit booking in later part.
So one should wait for F/O expiry this week and then decide for further investments.
I will be posting my stock tips regularly depending on market conditions, so be patient and keep a watch on this blog for further tips.
Have happy trade
Good luck
Lalit Kumar
Disclaimer: All the views expressed here are my personal opinions and one should act on these ideas at their own risk and responsibility. Stock market is risky and there involves risk of losing money as well.
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