Dalal Street Week Ahead | Stocks and Commodities

P R Sundar, Aditya Trading Solutions

Dalal Street Week Ahead:

1. Last week, on Thursday and Friday US markets rose.
2. Due to holiday here on Friday, Monday our markets will open gap up.
3. Nifty is likely to open 80 to 100 points up.
4. Nifty futures is likely to trade between 6000 and 6350 next week.
5. Next week is a data light week.
6. There are no market moving news either or on Monday or on Tuesday.
7. On Wednesday, retail sales data is due in US.
8. On Thursday, Chinese Manufacturing PMI is due.
9. On Friday there are no market moving news.
10. Since it is data light week, FII flows, Global cues will decide the trend of the market.