Sensex, Nifty, Stock Market Technical Analysis, BSE, NSE, India, December 2016.

Bangalore – 
  1. On monthly charts sensex and nifty shows that there is more pain left for 1 or 2 months.
  2. Market have corrected maximum part from high of 9000 and 29000 of nifty and sensex.
  3. Nifty may correct till 7600-8000 and above 8200 it may reach to new highs.
  4. Sensex may go down maximum to 25300 and above 27100 it may reach to new highs.
  5. Overall due to notes ban and retail inflation, Indian economy will be big positive.
  6. As economy got corrected much from few months, One can invest in systematic manner in monthly way for low risk.

Image source – Investing.com

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