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Is Nifty Ready for Breakout in 2014?

Nifty is now knocking at the doors from where it had reversed since years 2007-2008 and now crossing past 6419 level with volumes means that we will head for 7500-8000 level in forthcoming 2-3 years.

We are bullish on the prospects of the Nifty in 2014 as due to impending general elections; the govt spending will rise and if NaMO wave (Narendra Modi) becomes the Prime Minister then Nifty will touch 7000 mark in 2014 itself as they see Narendra Modi as pro corporate world.

Have a look at below screenshot for the levels where you must keep watch for breakout. Check Detailed Nifty Analysis for future here and also read comments below.

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Chart> Nifty A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 0-9