The Nifty on Friday closed above the resistance level of 5,060 to keep the current bull run moving. The index, however, is expected to face resistance above the 5,100 level next week. The SGX Nifty futures was down by over 50 points over the official close of 5,077 in the over-the-counter…

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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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Rising dollar, weak economic data drags stocks lower; Dow gives up more than 135 points NEW YORK (AP) — A stronger dollar and more discouraging signs of a subdued economic recovery triggered a broad sell-off in stocks. Major indexes tumbled more than 1 percent Thursday, including …

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Nifty ended at 5058, hardly moving in a 20point range all day. Nifty Closed above an important resistance level of 5020. Nifty faces some resistance at 5075, above this level Nifty can head up to 5150. Strong support for nifty is at 4930-5020. One can go long on nifty above 5075 for a ta…

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Wall street yesterday closed on a positive note following quartely results from Quarterly results from media powerhouse Walt Disney. The S&P consumer discretionary sector rose 1.6 percent even as the Reuters/University of Michigan preliminary November Surveys of Consumers showed U….

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Nifty today saw a highly volatile session, Markets managed to open flat and then slipped into red. Strong IIP numbers helped the index rebound into the green to touch a high of 16,897. The market, thereafter, turned volatile on the back of global cues, ignoring the earlier gains. Sensex w…

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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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Positive breakouts from last days trade: Stocks above their 14dma, 25dma, 50dma, conversion (9days), base (26days). GVK power at 50.50 – Support at 48.50 Jai Crop at 240 – Support at 218 TTK prestige at 328 – Suppport at 312 Negative breakouts from last days trade:…

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Nifty gave a sharp recovery at afternoon, it manged to close 54 points up at 4,765. Sensex gained 151 points at 16,063. Government’s plan to disinvest stake in profit-making public sector units had a positive impact on the markets. Huge buying activity in the last hour of trade saw Indi…

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Baltic Dry Index is a leading economic indicator, lately, it has been also behaving as a leading indicator of the stock market. The Baltic Dry Index (BDI) is a bulk shipping rate that is issued daily by the Baltic Exchange in London. This BDI is the Rate it costs to move goods around the …

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