MUMBAI: Equities rebounded on Friday on the back of positive cues from overseas markets. Realty and capital goods fronted the upmove. Secondline counters were trading on a positive note as well. “We expect the market to bottom out today and expect buying at lower levels. We are positiv…
Quotes with Resistance & Support
Market Information
Nifty struggles below 4500; Cipla, M&M, Tata Steel down
Posted on: June 17th 2009 in Market News.
MUMBAI: Indian markets were moving in narrow range with negative bias Wednesday following weakness in the global markets. IT, capital goods and metals were down on profit booking while realty and oil & gas bucked trend. “US markets closed in the red and Asian markets are mixed. A…
Nifty posts biggest percentage gain in F&O series ever
Posted on: May 28th 2009 in Market News.
The benchmark indices ended on a positive note on the last day of the F&O expiry for the May series. This rally was led by shares of capital goods, metal, banking, oil & gas exploration and select power companies. It was a magnificent series for the markets; in this series the…
Intraday calls for 20-05-09
Posted on: May 20th 2009 in Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.
Markets likley to open flat. Sell HDFC around 2370, target: 2330. Stoploss: 2390 If markets show recovery later during the day, buy: Sunil Hitech Engineers …
Market Review for 6th May 2009
Posted on: May 5th 2009 in Market Outlook.
BSE Sensex: (12131) the market has given a fine breakout from a consolidation trapping the shorts that should propel the Sensex to higher levels and the next logical target of 12569-12857 levels in the days to come…analysis remains the same…crucial support to watch is 12000 …
Volatile Sensex ends flat
Posted on: May 5th 2009 in Market News.
Following a solid 730-points, the Sensex this morning opened 25 points higher at 12,160. The index however soon slipped into red owing to profit-taking in early trades. The index, thereafter, swung between zones throughout the day as positive cues from global markets boosted sentiment, w…
Sensex regains 12,000-mark after seven months
Posted on: May 4th 2009 in Market Outlook.
The Sensex opened with a positive gap of 232 points at 11,635 on the back of strong global cues.Agressive buying in metal, IT and banking stocks helped the index cross the 12,000-mark after seven months and touched a days high of 12,162. …
Siemens – Breaks out- Target hit!!
Posted on: May 4th 2009 in Techinicals Breakouts NSE BSE.
Siemens has resistance at 340 and has made a triple top at this level. If it manages to cross 340, it can head upto 370 in short term. …
WKLY TECH ANALYSIS: Market rally likely to sustain for a while
Posted on: May 3rd 2009 in Market Outlook.
The Bombay Stock Exchange’s Sensex bounced back on Wednesday — the last trading day of the truncated week and for derivatives expiry — on the back of sharp gains in information technology and banking stocks. …
NSE TECHNICALS : Are markets back on track?
Posted on: April 27th 2009 in Market Outlook.
After a long break the stock markets seem to be bouncing back. The indices are climbing up. Over the last one-and-half months, the domestic equity markets have been in the grip of a strong rally. The Reserve Bank of India (RBI) further reduced the key rates to fuel growth. …
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