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rally

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22 September 2010 what is the specific meaning of RALLY in share market ? such as rally may stretch if nifty survives 6050
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Thrissurkkaran Ishtan

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Thrissurkkaran Ishtan (Expert)
23 September 2010 In stock market, rally means an upward movement of share prices, mostly a group of shares like sensex or nifty (which consists of several shares).

In your statement, it means that rally (upward movement / bullish trend) will continue if nifty crosses (survives) 6050. Meaning it will still go up.
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CMA Amit Varma

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CMA Amit Varma (Expert)
24 September 2010 ya agree with ishant..
if nifty holds on 6050 then technical indicators shows that it can go further....
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