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Quotes with Resistance & Support

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Sensex may see modest correction in near term

Posted on: September 9th 2009 in Market Outlook.

The index is trading at a P/E of over 19 times. After trading in the range of 15,100-16,000 during the period between the middle of July and September 7, 2009, the BSE Sensex has finally crossed and closed above the upper band. Not only has the Sensex doubled from its multi-year lows (on…

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Sensex sees third-biggest fall of the year

Posted on: June 8th 2009 in Market News.

MUMBAI: The Bombay Stock Exchange benchmark Sensex on Monday suffered the third-biggest fall of the year and ended below the 15,000 level by BSE Cashing in on your money Know about stock arbitrage Better returns: Book capital losses Plan long term portfolio losing nearly 438 points …

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Sensex closes in on 15k

Posted on: June 1st 2009 in Market News.

The BSE Sensex may look to hit the 15k levels on Tuesday, provided global cues are supportive. Technically as well, 4,550 look to be a strong resistance levels from where the Nifty turned around on Monday. It was the fourth straight say of gains for Dalal Street as the key indices ended …

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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…

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Stock Markets (SENSEX) Could Go To 10000-12000 Levels Back – Marc Faber Opines

Posted on: May 27th 2009 in Market Outlook.

Marc Faber, Editor and Publisher of The Gloom, Boom & Doom Report, said he saw a correction of 25-30% in equities and that he expected the Sensex to retest 10000-12000 levels. Markets will correct as it becomes evident that the economic recovery is not as rapid as expected. The US F…

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Sensex reclaims 12000; metals, banks lead

Posted on: May 7th 2009 in Market News.

MUMBAI: Equities opened higher Thursday after last hour selling pressure in the previous session. Buoyant cues from global shores aided the positive sentiment. All sectoral indices posted decent gains. Bombay Stock Exchange’s Sensex was up 111 points …

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