Nifty closed above 7000 mark, Sensex above 23500.. Is this a new beginning ??

Another tide for market to close at new all time high.
Nifty gained 155.45 points to close at 7014.25 and Sensex zoomed 556.77 points to record new closing high of 23551.00.
Coal India was the top gainer among Nifty50 stocks, rose 6.11% whereas Mcdowell-n was the top loser by 2.72%.
All among CNX sectoral indices, all the indices closed into green except CNX Pharma.
CPSE index gained the most by 3.98% led by Coalindia, IOC and PFC; followed by PSE(3.25%), Energy(3.05%) and Media(3.0%)
Advance decline ratio was marginally on positive side as 566 stocks gained and 483 stocks declined and 49 remained unchanged today on NSE.

Nifty Outlook :

Last two session, we have witnessed a massive all rounded rally on the bourses. But Nifty May Fut have recorded a 20% lesser volume than of Friday, 9th May. As we are into a zone of new highs, no barriers will be set for the Nifty technically, but 7135-7240 level will be the level where we must book our extended profits.In last week, Nifty has taken support from 6640 level, mentioned on our page on faebook https://www.facebook.com/pages/Integrity-Financial-Consultants/262737967138245
Major support : 6700-6640

Possibility of NDA gaining majority with figure around 270-300 will definitely set a trigger for market but we must remember that market has already discounted the thing.
Another possibility of hand in hand position with BSP/ SP or TCP, in that case, I personally feel no one will agree on NAMO as PM. President of BSP will show her eagerness for Sushmaji instead as BSP president wont be ready for Rjnathji as he may prove his power against her in UP.
In case of SP, all cards will be played in blind !. Nothing different with the unpredictable woman of Bengal, Ms.Banerjee. Speaking with AIADMK, it will become dominant if gets 22-27 sets but another possibility of staying back in TN, she will support BJP and demand for a special robust package. Or we never know she may be the new limelight face for PM.
Our expectations on results :

	STATE	SEATS	CONG	BJP	NDA         Allies	Others
1	ANDHRA PRADESH	42	4	4	14	20
2	ARUNACHAL PRADESH	2	1	1		0
3	ASSAM	14	7	5		2
4	BIHAR	40	2	22	5	11
5	CHHATTISGARH	11	2	9		0
6	DELHI	7	0	6		1
7	GOA	2	1	1		0
8	GUJRAT	26	2	24		0
9	HARYANA	10	3	5	1	1
10	HIMACHAL PRADESH	4	1	3		0
11	J&K	6	2	2		2
12	JHARKHAND	14	1	10		3
13	KARNATAKA	28	11	16		1
14	KERALA	20	8	1		11
15	MP	29	3	26		0
16	MAHARASHTRA	48	8	20	16	4
17	MANIPUR	2	2	0		0
18	MEGHALAY	2	1	0		1
19	MIZORAM	1	1	0		0
20	NAGALAND	1	1	0		0
21	ORRISA	21	3	5		13
22	PUNJAB	13	5	3	5	0
23	RAJASTHAN	25	1	24		0
24	SIKKIM	1	0	0		1
25	TAMILNADU	39	1	2	5	31
26	TRIPURA	2	0	0		2
27	UTTARAKHAND	5	1	4		0
28	UP	80	8	40		32
29	WB	42	4	2		36
30	ANDMAN & NICOBAR	1	0	1		0
31	CHANDIGARH	1	0	1		0
32	DADRA & NAGAR HAVELI	1	0	1		0
33	DAMAN DIU	1	0	1		0
34	LAKSHDWEEP	1	1	0		0
35	PUDDUCHERRY	1	0	0		1
		543	85	239	46	173