ADVERTISEMENT
Nifty setup: MSCI world index suggests strength in markets
Dinesh Thakkar, chairman and managing director at Angel Broking says that more than liquidity, inflation is matter of concern for the markets.
27 Mar 2012, 09:22 AM IST 
Sony CEO Kazuo Hirai, left, listens to former-CEO Howard Stringer | Source: AP
This daily of the MSCI World Index indicates that the current whipsawing (read volatility) on the Nifty could be just be an aberration.The current setup, though difficult to trade in the short term, is perched right atop the medium and longer term supports at 5,150-5,170.The MSCI Index on the other hand is within a well-defined trend channel. The low at around 330 have found support on a multi-month trend channel. Upsides till 355-36...
