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We strongly feel markets are likely to takeoff big time from next week..

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Bihar is not relevant from an economic growth on Market standpoint as have not been many other events like other state elections, Greek Crisis, Fed Taper etc.

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At Finapple Ideas we strongly believe in the concept of Risk profile and Trade Profile of every client. We all are different and hence we need to trade as per our temperament. Finapple Ideas respects your style and preferences and hence recommend you only one or two products from our suite with a structured mentoring programme of money management lessons as well so that we get optimum profits.

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We should see a 10% upside to around the 9300-9500 NIFTY levels by the end of 2015. 2016 outlook should be better than 2015.

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“I believe that the worst for the Indian markets and the Indian economy are behind us now. We should see a strong market performance in the second half of this year despite the FED rate hike.Any short term sell off is unlikely to sustain. “

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The probability is very high that the worst of the markets is already behind us. My expectation of a bottom around 7900-8000 for the Nifty seems to be playing out. There was always a probability of a slip to 7700 levels however this seems to be a lower probability event now. I am a buyer in the markets now. The second half should be decent for the markets with a high possibility of a new high by the end of the year.

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Indian markets do not have much downside from here and my base case view is that the markets should bottom out around the 7900 levels. This level will be a good entry level irrespective of the case even if we see a further selloff in the markets. Any correction below this level will be very temporary and a one or two days phenomenon.

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Markets gain strength in closing hours

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