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Quotes with Resistance & Support

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Weekly Review for the Week May 4th – 8th 2009

Posted on: May 3rd 2009 in Market Outlook.

We said ‘Technically the trend is still intact up and the next technical target in the days to come still is 11695, we may see some hiccups as the market is in a stretched territory and also in an F&O expiry plus we also have a long weekend ahead of the election’ …

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Weekly Review for the Week April 20th – 25th April 2009

Posted on: April 19th 2009 in Market Outlook.

We said ‘Technically the trend is still intact up and our target of 11295 still stands valid with some hiccups on the way up as the upside momentum seems to have reduced and indictors are in stretched mode nevertheless the up trend is still intact up’ …

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Weekly tech analysis – resistance seen around 11000

Posted on: April 13th 2009 in Market Outlook.

The Sensex ended higher yet again with a gain of nearly 4.5 per cent at 10,804 in a highly volatile week. In the process, the index has now soared nearly 30 per cent (2,478 points) in the last five trading weeks.Among the index stocks, Jaiprakash Associates was the top gainer with a gain …

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Weekly Review for the Week April 13th – 17th April 2009

Posted on: April 12th 2009 in Market Outlook.

We said ‘Technically the trend is still intact up and our target of 10708 stands valid and if the momentum continues then I would not be surprised if the market proceeds up towards the next technical target of 11295 in the days to come’. …

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D-Street may see uptrend; Infy guidance key concern: Analysts

Posted on: April 12th 2009 in Market Outlook.

Dalal Street is likely to open on a positive note this week following improvement in global cues, while IT major Infosys’ guidance announcement for FY’10 may bring in some consolidation in the market, analysts say. …

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Weekly Review for the Week April 6th – 9th April 2009

Posted on: April 5th 2009 in Market Outlook.

We said ‘Technically the trend is still intact UP with no signs of weakness as yet; we now head into the financial year-end on 31st March. The next technical targets in the days to come are 10201 and the extended technical targets at 10708, where profits bookings can be anticipated’ …

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WEEKLY TECH ANALYSIS: Upsurge with volatility seen

Posted on: April 5th 2009 in Market Outlook.

Markets continued their upward journey, backed by renewed global optimism that the worst is over. The Sensex, which began the week on a dismal note, recovered smartly to end with a gain of 300 points at 10,349. …

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Markets heading for smart recovery?

Posted on: March 29th 2009 in Market Outlook.

A week is a long period for stock markets these days. It can change the mood, index levels and even make investors look at equity all over again. That’s been the trend in the domestic stock markets in the last few days as they have been rallying smartly amid bear market conditions. …

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