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DOW JONES: 05-12-2016

    DOW JONES: 05-12-2016

Dow Jones is looking very strong but it is slightly overbought, so we can expect profit booking from higher levels.  It has resistance at 19263 in the short term.  Caution

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MARKET OUTLOOK FOR THE WEEK: 05-12-2016

    MARKET OUTLOOK FOR THE WEEK: 05-12-2016

Nifty on Friday closed below physiological support level at 8086, and it looks moderately weak.  Continuous FII selling and weak global market cues are the key reasons for the weakness. 

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