Technical Analyst, Prakash Gaba:We said ‘Technically the market is still not showing any signs of direction. So far the market could witness a small up move but I would be very cautious and watch the psychological 9000 mark, the break of which could weaken the market further. …

Read More..

We said ‘Technically the market is still not showing any signs of direction so far…the market could witness a small up move but I would be very cautious and watch the psychological 9000 mark, the break of which could weaken the market further. The crucial supports on the way down are …

Read More..

By Hitendra Vasudeo, Technical Analyst : Until last week, the Sensex moved in a band of 9438-8631. After forming a low of 8631, the Sensex made higher low last week and crossed 9438. Last week’s close was also above 9438 with a positive weekly candle. In short, we have a breakout situat…

Read More..

First Global’s Vice-Chairman Shankar Sharma, responding to Sebi’s order banning him from trading in shares for one year, today said he had nothing to do with the fall in the market in early 2001 as charged by the regulator.”The data that we have managed to get from Sebi …

Read More..

BSE Sensex: (9466) the market remained yet again sideways with no signs of any direction frustrating both the bulls and the bears…the day ahead is a Friday and Monday being an Interim budget day, not much is expected…perhaps best day to stay out. …

Read More..

According to FinQuest Securities’ report, today Nifty seems likely to breach the crucial resistances of 55 day EMA and the 61.8% at 2965 and head higher towards 3000/3050. FinQuest Securities’ report: …

Read More..

Most panellists at the ‘Equity Outlook- 2009’ discussion hosted by ET Now, ET’s upcoming business news channel, were of the view that the stock market would be range-bound, and 2009 would most likely end at 8,000-8,500 for the sensex. …

Read More..

BSE Sensex: (9583) we were expecting a mildly positive bias and the market has obliged and in the process has given a technical breakout on the upside…the rally is fuelled by the Bank stocks and some of the Sensex heavyweights… …

Read More..

We said ‘Technically the market has shown signs of resilience and holding out on the very first day of the new F&O series indicating strength. Structurally the market gives an indication that the market is heading up in the days to come and shorts should be heading to cover.’ …

Read More..

The declining trend may continue as bears would look to breach the psychological 9,000 mark. With no domestic triggers to look forward, global cues would dictate the trend at least in the opening trades. Markets ended with deep losses on Thursday. After a flat start, key indices constantl…

Read More..