NIFTY holding Gains

NIFTY Target - Find the below Chart.  

You will come to know the Target.

But any decision should be tracking the performance results for FY 2012-13 by corporates which are going to declare results as per below schedule.

	the government will unveil industrial production data for February 2013 on Friday, 12 April 2013. Industrial production had risen 2.4% in January 2013, as against a contraction of 0.5% in December 2012.  Infosys announces Q4 results on Friday, 12 April 2013.
	The government will unveil data on the wholesale price index (WPI) for March 2013 on 15 April 2013. The annual rate of inflation, based on the monthly wholesale price index (WPI), edged up to 6.84% in February 2013 from 6.62% in January 2013.
	Reliance Industries (RIL) announces Q4 results on 16 April 2013.
	TCS announces Q4 results on 17 April 2013.
	IndusInd Bank announces Q2 results on 18 April 2013
	Wipro announces Q4 results on 19 April 2013.
	The second half of the Budget session of the Parliament begins on 22 April 2013. The Budget Session of the Parliament ends on 10 May 2013. The government has lined up a number of key bills for consideration and passing during the Budget session of the parliament, which include The Forward Contracts (Regulation) Amendment Bill, 2010, The Pension Fund Regulator and Development Authority Bill, 2011, The Land Acquisition, Rehabilitation and Resettlement Bill, 2011, The National Food Security Bill, 2011 and The Insurance Laws (Amendment) Bill, 2008. Cairn India announces Q4 results on 22 April 2013.
	HDFC Bank announces Q4 results on 23 April 2013.
	Axis Bank will announce its Q4 March 2013 results on 24 April 2013
	ICICI Bank announces Q4 results on 26 April 2013.
	The RBI will announce the Monetary Policy Statement 2013-14 on 3 May 2013. The RBI cut its key policy rate viz. the repo rate by 25 basis points to 7.5% after a mid-quarter monetary policy review on 19 March 2013. The key macroeconomic priorities are to raise the growth rate, restrain inflation pressures and mitigate the vulnerability of the external sector, RBI said at that time. Even as the policy stance emphasises addressing the growth risks, the headroom for further monetary easing remains quite limited, the RBI said. The RBI said it will continue to actively manage liquidity through various instruments, including open market operations (OMO), so as to ensure adequate flow of credit to productive sectors of the economy.
	HDFC announces Q4 results on 8 May 2013.
	Dr. Reddys Laboratories announces Q4 results on 14 May 2013.
	The India Meteorological Department will issue its initial forecast of 2013 southwest monsoon in this month.
	The finance ministry in October 2012 announced a five-year plan to cut fiscal deficit. The government hopes to reduce the fiscal deficit to 3% by March 2017.