Quotes with Resistance & Support
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Posted on: March 4th, 2010 and is filed under Market Outlook.

Post Budget rally likely to continue

Markets today manged to slip lose its steam after a 4 day winning streak, Nifty closed 8 points lower to end at 5080, where as Sensex slipped 44 points and ended at 16,955. Stocks saw some selling pressure today due to fears of an interest rate hike emerged following a rise in inflation….

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Posted on: January 23rd, 2010 and is filed under Market Outlook.

Markets weekly reivew

This week, Nifty closed down 4.!% and Sensex lost 4%. Bad results such from L&T and US President Obama’s proposal to put new limits on the size and trading practices of big banks further dragged the Markets down. Nifty manged to make a high of 5,293 and a low of 4,955 during the w…

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Posted on: January 17th, 2010 and is filed under Market Outlook.

Strong resistance at 5310

The last week, Nifty ended flat at 5,252 also Sensex manged to close flat at 17,554. The Sensex made a high of 17,777, and a low of 17,276 over the week. India’s inflation stood at 7.31% for December 2009 as compared to 4.78% for the previous month. This could add pressure on the RBI t…

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Posted on: December 23rd, 2009 and is filed under Market Outlook.

Markets likey to drift soon

Today, Nifty closed on a wining streak, ending 158 points higher making a close at 5144. Sensex regained it 17k mark, it surged 539 points to end at 17,231. The move in the markets was mainly due to strong global ques. The Finance Minister’s comments – on GDP growth forecast …

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Posted on: December 17th, 2009 and is filed under Market Outlook.

Strong support at 5000 for Nifty

Nifty today closed almost flat, ending .30 points lower at 5041. It made a low of 5013 and a Intraday high of 5064. Sensex closed at 16894 ending 18 points higher. Pharma and Consumer stocks performed well today, on the other hand Realty and energy stocks were the major loser’s. Th…

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Posted on: December 6th, 2009 and is filed under Market Outlook.

Strong support at 5080

Sensex adds 2.8% to close at 17,102 and NSE Nifty ads 3.4% to close at 5,109, in the past week. The Nifty maintained the support of 5,080 on Friday, and closed at 5,108 on profit-booking. According to F&O data, foreign institutional investors (FIIs) have build-up short positions in …

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Posted on: November 27th, 2009 and is filed under Market Outlook.

More pain ahead for Nifty

Nifty today manged to recover at the close, making a close at 4,941 down 63 points. Sensex closed at 16,632 down 222 points. The markets rebounded strongly towards close, due to the recovery in Europe Markets. Nifty to made a low of 4806 and a high of 5005. It saw a range of 200 points …

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Posted on: November 21st, 2009 and is filed under Market Outlook.

Nifty likely to calm down

Nifty after having a roller coaster ride on Friday manged to close at 5,052 ending 63 points higher, Sensex too made good gains past afternoon, and closed at 17,021 ending 230 points higher. This week markets gained a net of 1 %. Nifty rose 1.07% and the Sensex gained 1% over the week. F…

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Posted on: November 11th, 2009 and is filed under Market Outlook.

Nifty @ 5,000

Nifty today made a close above 5,000 indication that we could be lead to much higher levels. Nifty gained 122 points up 2.5%. Sensex on the other hand closed up 409 points ending at 16,849. Nifty reclaimed the 5000-mark after six trading sessions. Metals and technology stocks were the top…

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Posted on: November 9th, 2009 and is filed under Market Outlook.

Bulls take Nifty nearer to 5000

Will we see 5,000 levels on Nifty this month or is there some downside that’s on its way? This is the most common question asked by most of the Investors and Traders. Markets today (Monday) ended on a positive note. Sensex closed near 16500, banks, oil & gas lead the markets….

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Now what about indusindbank @ current level...view more »
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