Recently I happened to bump into a friend who is senior Fund Manager and who also appears on the business channel saying that the DOW has bounced back and he wanted to know as to how I see the markets now. …

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BSE Sensex: (8757) the market has seen a tremendous up move and looks like the up move should continue with profit booking coming in the upper regions and strong support seen around 8600 levels… The support for the Sensex is 8600 and the resistance to the up move is at 8872-9066 Nifty…

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MUMBAI: With the global market picture showing signs of improvement, the mood in the Indian stock market is likely to remain upbeat in the forthcoming week as well. The fourth tranche of advance tax payments from India Inc will be known Monday, which would set a fresh tone for the market….

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BSE Sensex: (8344) we were expecting a reaction and we got one but the market action is still not suggesting a lot of strength but is suggestive of a small trading move… …

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BSE Sensex: (8160) the market has seen a lo of 8047 a day earlier which has not been breached in the current trading session trading session and the indicators are over stretched and so a violent reaction on the upside is not ruled out…. …

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According to Reliance Money’s report, markets are likely to stay ‘ranged’ between levels 2500-2800 of NIFTY, with element of ‘uncertainty’ playing a key role, till next regular Budget is presented by new government in June 2009. Reliance Money’s report: …

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The markets slipped to over three-year lows this week, in tandem with world markets, which tumbled to multi-year lows. The Sensex, which began the week with a negative gap of 129 points at 8,763, hit a low of 8,047. …

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Markets fell to its lowest since November 2005 after witnessing significant selling pressure despite inflation touching its seven-year low. It was a scary session for the markets led by cash based selling in heavyweights from oil & gas, capital goods, banking, FMCG and power sectors….

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BSE Sensex: (8607) the market unfolded weak yet again as expected and has still not shown any signs of strength so far and I would suspect any move that goes up…the next logical target on the downside is 8168 with some supports coming in at 8400. …

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After three day’s of losses, bulls might get some relief as traders may consider the recent set back as overdone. Technically the Nifty index would see support at 2,524 levels. It was the third trading session where markets ended with sharp losses. …

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