Today Nifty manged to gain 20 points and ended at 5086, on the other hand Sensex gained 82 points and finally closed at 16, 845. Nifty opened up flat, but made some gains around noon. Today’s upswing was led by the PSU, Auto and the Pharma stocks. European indices were trading mixed a…
Quotes with Resistance & Support
Market Information
Sensex at its 19 month’s high
Posted on: December 29th 2009 in Market News.
Today, Sensex mange to close at 17401.56, ending at its 19th month’s high. Nifty on the other side, touched 5214, ending 9.55 points higher, making a its new 2009 high. The day began on a strong note, with the NSE Nifty touching a new high for the year early in the morning. However…
Nifty hits fresh 52-wk high at 5181
Posted on: October 20th 2009 in Market News.
Nifty manged to closed at 5,114 ending 27 points lower. Sensex slipped 103 points closing at 17,223. Nifty made a 52-wk high of 5181, and a Intraday low of 5,102 on Tuesday. It finally ended at 5,144. Sensex on the other hand made a Intraday high of 17,457 and a low of 17,185. Markets op…
Rally prompts promoters to sell treasury stock
Posted on: September 24th 2009 in Stock News.
Suzlon, Cipla, JP Associates raise Rs 2,540 cr in block deals. Taking advantage of the rally in the domestic stock market, the promoters of Suzlon Energy, Cipla and Jaiprakash Associates today offloaded parts of their treasury stake in the open market to cumulatively generate Rs 2,540 cro…
Current market rally raises optimism
Posted on: July 30th 2009 in Market Outlook.
MUMBAI – The recent market rally supported by quarterly earnings, liquidity and global cues is not yet considered as a bull-run but market men Stocks Volatility in the stock markets Measuring market volatility Ten hot money-spinners in India Long term plan for better returns S…
Will bulls take control?
Posted on: July 27th 2009 in Market Outlook.
BS: From its October 2008 lows when the BSE Sensex touched 7,697 points, the markets have done a complete about turn. In the six months to March 2009, the markets were unable to sustain itself over the five figure mark.While the rise in global markets was the starting point,the run up to …
Market Review for 2nd June 2009
Posted on: June 1st 2009 in Market Outlook.
BSE Sensex: (14841) we said ‘technically the trend is still intact up and we may see an assault on the recent high’ the market came very close to the recent high on the Sensex but it certainly did make a new high on the Nifty front…technically the trend is still intact up but as it …
Weekly Review for the Week May 25th – 29th 2009
Posted on: May 23rd 2009 in Market Outlook.
We said ‘Technically I would still maintain that the trend is still intact up and has not been compromised. Our technical targets of 12569-12858 still stand valid. We have a strong cycle day approaching on 18th & 19th May, which are known as typical Pressure days. These are simpl…
Lanco Industries – Breaks out- Target hit!!
Posted on: May 17th 2009 in Techinicals Breakouts NSE BSE.
Lanco Industries continues to face resistance at 23.60. It has made a triple top at this level. Once it manages to cross 23.60 it can head upto 27. …
Markets up on buying support
Posted on: May 7th 2009 in Market News.
The Bombay Stock Exchange benchmark Sensex on Friday opened higher by 63 points on sustained buying by funds amid investors covering their pending positions. The 30-share barometer, which had gained 164.19 points in previous day’s trading, …
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