Quotes with Resistance & Support
Market Information

Markets at 2-year HIGH

Posted on: July 22nd 2010 in Market Outlook.

Nifty after struggling for almost 10 days, finally manged to cross 5400, and gave a close at its 22-month high ending at 5442, Sensex closed at 18,113, up 135 points. It was also the highest closing for the 50-share index since February 2008 Indian stock indices ended near the day&#8217…

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Markets likely to retrace

Posted on: March 31st 2010 in Market Outlook.

Markets are likely to form a retracement trend. We might see some downside from current levels and then continue with the uptrend. Currently, markets look over-headted and some downside could be seen in the coming days. Nifty jumped from 4700 to 5300 levels in the last 30-40 trading ses…

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Strong support at 5000 for Nifty

Posted on: December 17th 2009 in Market Outlook.

Nifty today closed almost flat, ending .30 points lower at 5041. It made a low of 5013 and a Intraday high of 5064. Sensex closed at 16894 ending 18 points higher. Pharma and Consumer stocks performed well today, on the other hand Realty and energy stocks were the major loser’s. Th…

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Nifty opens at days high and ends down 35pts

Posted on: December 9th 2009 in Market News.

Nifty opened at 5147 (day high), made a low of 5090 and finally manged to close at 5112 ending 0.70% lower. Sensex fell 102 points to close at 17,125, it made a high of 17,227 and a low of 17,057. The disappointing economic numbers from Japan had a negative impact on the Indian Markets…

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Strong support at 5080

Posted on: December 6th 2009 in Market Outlook.

Sensex adds 2.8% to close at 17,102 and NSE Nifty ads 3.4% to close at 5,109, in the past week. The Nifty maintained the support of 5,080 on Friday, and closed at 5,108 on profit-booking. According to F&O data, foreign institutional investors (FIIs) have build-up short positions in …

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Nifty fails to sustain higher levels as Profit booking seeks in

Posted on: December 2nd 2009 in Market News.

Nifty today closed almost flat, ending 0.02 points higher. It manged to close at 5123 after making a Intraday high of 5161 and a low of 5111. Sensex slipped 28 points to end at 17169. Profit booking at higher levels was witnessed in Power Stocks. The Power and FMCG indices dropped 0.56 %…

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Nifty likely to calm down

Posted on: November 21st 2009 in Market Outlook.

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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Nifty recovers to end flat

Posted on: November 17th 2009 in Market News.

Nifty today managed to close above 5050 levels, tough during the day it felt like that we might been a correction mode. After starting off with a negative bias and staying in the red till the last trading hour, a sudden bout of buying in the IT, Banking, Capital Goods and the Metals stock…

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Nifty @ 5,000

Posted on: November 11th 2009 in Market Outlook.

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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Nifty takes a pause…ends below 50 DMA

Posted on: November 10th 2009 in Market News.

Today Sensex closed down 58 points to end at 16,440, Nifty was down 17 points to and made a close at 4,881. Markets opened in the positive, tracking Asian indices, but soon lost gains and momentarily slipped in the red. Technically, the Nifty managed to stay above the medium term trendl…

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