We said ‘Technically the trend is still intact up and there is still no sign of weakness witnessed on the charts as yet and the market seems to be looking up. The next logical technical target in the days to come is 16046 but as it climbs up the market is setting itself up for a reactio…
Weekly Review for the Week June 8th – 12th 2009
Posted on: June 7th 2009 in Market Outlook.
We said ‘Technically the trend is still intact up and there is no sign of weakness witnessed on the charts as yet but as the market climbs higher it sets itself up for a reaction’ The market unfolded and remained positive during the week. Technically the trend is still intact up and…
Weekly Review for the Week June 1st – 5th 2009
Posted on: May 31st 2009 in Market Outlook.
We said ‘The trading pattern for the week though positive has thrown a crucial support at 13611 and I would maintain the trend as still intact up as long 13611 holds’ The market unfolded and remained positive during the week. Technically the trend is still intact up and there is no …
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…
Weekly Review for the Week May 18th – 22nd 2009
Posted on: May 16th 2009 in Market Outlook.
We said ‘Technically the trend is still intact up though it looks tired in a strong resistance zone. The market may see an up move and if that happens then it is likely to be more of a sluggish up move as the markets seems to be exhausted here’ ’ The market unfolded …
Weekly Tech Analysis: Next few trading days are extremely crucial
Posted on: March 29th 2009 in Market Outlook.
In a surprise rally last week, the markets posted significant gains on the back of continued fund buying, positive global cues and heavy short-covering. The Sensex surged past the 10,000-mark after a gap of nearly three months to end at 10,048 – up over 12 per cent (1,082 points) for th…
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