BSE Sensex: (8967) the market traded sideways as expected and with a slight dip on the last day of the week …technically the up move is still intact in the zone of resistance and it could see a bit of more up move if 9100 gets taken on the upside and until then I would like to view the …

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We said ‘Technically the market has seen a good bounce after a prolonged down move and it is but natural that short traders tend to book profits near the previous bottom, and so a bounce should be taken with a pinch of salt. …

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Dhiraj Agarwal, Director Institutional Equities at Anand Rathi, feels the market, whcih has so far been moving in tandem with the global market, will break away for a while post elections. He expects market action to be stock-specific for the next one-two years and sees a secular trend in…

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BSE Sensex: (9002) we were expecting a sideways move as the market was a bit exhausted near the high of 9140, the upside seems to be limited at this point of time and as the market needs to consolidate in these regions which appears like a running correction if it has to climb any further…

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BSE Sensex: (8978) we were expecting profit booking at our next technical level and that was 9140 and the market saw the high at 9140 where profit booking came in also. I would saw that the trading pattern for the day looks more like an exhaustion pattern and an exhaustion day near our ta…

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BSE Sensex: (8864) we had our target of 9065 but the market did not reach there and profit booking came in at our exact Nifty weekly level of 2805 which looks more like a technical selling …the trading pattern for the day is suggestive more of profit booking then actual selling and look…

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MUMBAI: Snapping the three day winning streak, stocks fell on Tuesday as weak opening of European markets weighed on investor sentiment. Profit booking was mainly observed in banking, oil and gas and IT stocks. …

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BSE Sensex: (8944) the up move continued as expected and now we are closer to the to our target of 9065 and the extended target is 9140 where profit booking can come in and then perhaps a sideways move… …

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Only 10 days ago, there was this looming threat of the stock markets going below their October lows. Last week, not only did the markets shrug off the threat, the NSE Nifty and the BSE Sensex rose by about 4% and 5% each respectively. …

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MUMBAI: Last week Nifty ended positive at 2720 levels gained 3.78 per cent and Sensex ended the week up by 5.17 per cent at 8750 levels. Experts are of the view that the bullishness in markets will continue for a short term. …

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