Quotes with Resistance & Support
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‘Current market rally’s not a sustained recovery’

Posted on: September 18th 2009 in Market Outlook.

By invite: Manish Chokhani:- The current hype over ‘green shoots’ and the prevailing investor complacency due to abundance of liquidity tend to disguise a darker economic reality. The world economy and markets are merely rebounding after falling off a cliff; a bounce, therefore, shoul…

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Sensex @ 18,000 by March 2010: Sonthalia

Posted on: July 20th 2009 in Market Outlook.

MUMBAI: Manish Sonthalia, vice president, equity strategy, Motilal Oswal Securities , said the momentum is so strong that the markets will move significantly higher from the current level. Is there room for some more rally in the markets? Sonthalia: Yes…it looks like the momentum…

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Sensex ends above 14k, Nifty tops 4200

Posted on: July 15th 2009 in Market News.

Sensex surged 400 points or 2.8% to end at 14,253 while, Nifty surged 122 points or 2.9% to shut shop at 4,233. It was another day of gains on Dalal Street as the Indian markets extended the winning streak to second straight trading session on Wednesday. The BSE Sensex recouped almost 90…

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