Market Forecast for 2015
If 2014 will be remembered for the start of the bull run for equity markets in India, 2015 will or
should be a continuation of the bull run. Atleast the charts are telling us that. Please read along to
find out what the markets have in store for you in 2015.
Trend : Bullish. 26k should be the base for the Sensex in 2015. A closing above 28,810 should lead to
higher targets of 30,450. Don’t be surprised with 2015 closing at 33k for the Sensex !
S1 : 26, 469 S2 : 25,910
R1 : 28,810 R2 : 30,450
Trend : Bullish. 7.5k should be the base for the Nifty in 2015. A closing above 8,630 should lead to
higher targets of 9,450. This could be the year where Nifty touches the 10K mark as well ! Buy on dips
S1 : 7,723 S2 : 7,540
R1 : 8,630 R2 : 9,450
NYMEX WTI CRUDE
Trend : Mildly Bullish. A shockingly bearish 2014 and we forecast a smart recovery in 2015. A dip till
$50 to even $ 40 should be used for buying. $81 by end of 2015 is our target ! Buy smart !
S1 : $50.43 S2 : $39.44
R1 : $69.54 R2 : $80.98
Group A Stock of the year : MCX
Trend : Bullish. Strong base formed around 700-750 levels. A breakout above 925 should pave the way
for 1,150 & 1450. Commodities might be in a bear hug at the moment but MCX looks like a winner in 2015.
S1 : 701 S2 : 615
R1 : 925 R2 : 1,150
Overall View : 2015 should be a continuation of the bull run ! Stay long, stay calm & Happy Trading !!!