How oil is going to affect Indian stock market? | Indian Stocks to Make You a Millionaire

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How oil is going to affect Indian stock market?

Posted By On 8:59 PM Under
1. I am of personal opinion that present rally in stock market in India is a bearish rally and same is attributable to  cooling off oil from $150 per barrel to $120-130.

2. Thus if oil is able to move lower than $119 per barrel than one can see rally in Sensex and Nifty and one may see Nifty touching the levels of 4725.

3.  As a trader keep an eye on oil rates and for your convenience a link for oil update is placed at the bottom of this blog.


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