New Delhi: The Dalal Street is expected to see a 15% correction over the next 6-8 weeks, as concerns of a hung Parliament and fear of companies’ earnings declining may bear upon the market sentiment, global financial services major Bank of America-Merrill Lynch says. …

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BSE Sensex: (10535) we said that ‘the market looks up until 10708’ and the market closed positive registering a high of 10655 and in the process generating an indecisive pattern… the market has gone up high and too fast and so a reaction cannot be ruled out closer to our target of 1…

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We said ‘Technically the trend is still intact UP with no signs of weakness as yet; we now head into the financial year-end on 31st March. The next technical targets in the days to come are 10201 and the extended technical targets at 10708, where profits bookings can be anticipated’ …

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BSE Sensex: (10349) we said that ‘Now if it cracks 9520 then the fall would be sharper…so I watch the breach of 9520 and only then short ‘Nifty’’. The market opened with a bull gap closed positive on its high above the 10000 mark. The market looks up now until 10708. …

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Markets continued their upward journey, backed by renewed global optimism that the worst is over. The Sensex, which began the week on a dismal note, recovered smartly to end with a gain of 300 points at 10,349. …

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MUMBAI: Indian equity benchmarks have shown impressive run in the past few weeks and traders have started eyeing 4000 levels on the Nifty. However, Shrikant S. Chouhan, vice president -technical research, Kotak Securities, advises caution if Nifty breaks 3400. …

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MUMBAI: Nifty has been in an upmove for the past two weeks and Thursday it crossed the strong resistance of 3200. According to Sudhanshu Pandey, technical analyst at LKP Shares, the 50-share NSE index is likely to break out and touch 3450-3650 in next two months. …

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BSE Sensex: (9902) we said that ‘Crucial support once again to watch would be 9520’. The market has not breached the crucial supports and has stayed put and the market is still in a ‘sell mode’ despite closing positive. …

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BSE Sensex: (9708) we said that ‘technically the market has given a sell signal and now if the market breaches 9520 then we should see a level of 9332’ well the market never broke the 9520 levels and stayed put, which looks more like a pause for a continuation of the move… my bias i…

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BSE Sensex: (9568) we said that ‘I would be cautious’ and the market tanked… the market was technically over stretched and so a reaction was due and it came in…technically the market has given a sell signal and now if the market breaches 9520 then we should see a level of 9332. …

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