Nifty today managed to close above 5050 levels, tough during the day it felt like that we might been a correction mode. After starting off with a negative bias and staying in the red till the last trading hour, a sudden bout of buying in the IT, Banking, Capital Goods and the Metals stock…

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Nifty ended at 5058, hardly moving in a 20point range all day. Nifty Closed above an important resistance level of 5020. Nifty faces some resistance at 5075, above this level Nifty can head up to 5150. Strong support for nifty is at 4930-5020. One can go long on nifty above 5075 for a ta…

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Positive breakouts from last days trade: Stocks above their 14dma, 25dma, 50dma, conversion (9days), base (26days). Alps Industries at 12.07 – Support at 11.60 Ansal Buliders at 71 – Support at 66.50 BF Utlities at 1070 – Support at 980 Hitech Gears at 108.30 &#8211…

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Positive breakouts from last days trade: Stocks above their 14dma, 25dma, 50dma, conversion (9days), base (26days). Sail at 182.30 – Support at 176 Shyam telecom at 70.25 – Support at 64 UB Engineering at 90.7 – Support at 86 No negative breakouts for today: Posit…

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Wall street yesterday closed on a positive note following quartely results from Quarterly results from media powerhouse Walt Disney. The S&P consumer discretionary sector rose 1.6 percent even as the Reuters/University of Michigan preliminary November Surveys of Consumers showed U….

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This week was the best week for the Indian markets in the last 10, as it gained more than 4.3%, taking gains this month to 6%, after sliding 7.2% in October, which was its worst performance in a year. Foreign funds have moved $14.8 billion into Indian stocks this year, lifting the Sensex …

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Nifty today saw a highly volatile session, Markets managed to open flat and then slipped into red. Strong IIP numbers helped the index rebound into the green to touch a high of 16,897. The market, thereafter, turned volatile on the back of global cues, ignoring the earlier gains. Sensex w…

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Positive breakouts from last days trade: Stocks above their 14dma, 25dma, 50dma, conversion (9days), base (26days). Hindalco industries at 131.85 – Support at 125 Jaiprakash associates at 241- Support at 233 Neyvel Lignite at 157 – Support at 149 Tata steel at 526 &#8211…

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Positive breakouts from last days trade: Stocks above their 14dma, 25dma, 50dma, conversion (9days), base (26days). GVK power at 50.50 – Support at 48.50 Jai Crop at 240 – Support at 218 TTK prestige at 328 – Suppport at 312 Negative breakouts from last days trade:…

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Today Sensex closed down 58 points to end at 16,440, Nifty was down 17 points to and made a close at 4,881. Markets opened in the positive, tracking Asian indices, but soon lost gains and momentarily slipped in the red. Technically, the Nifty managed to stay above the medium term trendl…

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