Market Forecast for 2015

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.

BSE Sensex

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

Nifty

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
please !

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 !!!

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28th December 2014

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