Dalal Street Week Ahead, June Week #2 | Stocks and Commodities

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June 8, 2014
Time: 12 Noon

Dalal Street Week Ahead:

1. Markets closed at all time high last week.
2. It is not only in India, markets all over the world are trading at their multi year highs.
3. FIIs continued to buy in cash market.
4. Economic data that are coming from both China and US have been good.
5. Today also Chinese Export Import data and trade balance dat came very positive.
6. SO the momentum is likely to continue next week.
7. On Monday, there are no major market moving news except Japan GDP data.
8. On Tuesday, there are no major market moving news.
9. On Wednesday also there are no major news.
10. On Thursday, IIP data and CPI data are due from India. Retail sales data is due from US.
11. On Friday, China Industrial Production data is due.
12. Nifty is likely to trade between 7300 and 7800 next week.