Nifty

#70 Nifty Update

BUMPY NIFTY!!! Today NIFTY opened up positive at 5196 and then made a low around 5124 to close at 5161 plus 88 points. Only 70 points volatility but it moved up-down whole day making investors puzzled of its further move. US FED yesterday announces no change in the interest rate until mid 2013 with Range …

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#69 Nifty Update

“DISCOUNT… DISCOUNT…Sale upto 15%”…this is what Dalal Street is stating… Since last month high of 5700 market has discounted almost 10% to 5072 (close)and you may see market discounting upto 15% to 4800. But question arises is this the right time to buy??? or you should wait for stock clearance sale by Dalal street?? ….Markets …

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#68 Nifty Update

NIFTY reacted as expected to Downgrade of US rating. NIFTY closed at 5118 down 92 points. NIFTY had opened gap down at 5082 made a low at 5054 and had recovered almost flat to fill up the morning gap. S&P downgrading US has been the most shared topic around the world. All the markets had …

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#67 Nifty Update

Last week was slide towards 52 week low at most of the global market. NIFTY saw a low of 5116 on Friday on the fear of global weakening with US being the most feared economy. Debt ceiling bill was signed by Obama on 2cd August but he said that he wasn’t happy signing the deal …

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#66 Nifty Update

Bull’s Eye!!!! (Though markets were bearish :P) My target on NIFTY 5200 achived…call given around 5600 levels. 🙂 NIFTY closed down 120 points at 5211 on EU Debt crisis fear. US economy is also feared tohave double debt crisis ahead which is making investors fear all over the global. Yesterday Denmark government refused to rescue …

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Nifty

#65 Nifty Update

🙂 🙂 :)….you all might be wondering why i am happy even though market was down??? Its just because what i predicted NIFTY’s target has been achieved today.. 5330. Market opened up with some profit booking but that was as a said to fill up the gap which was created yesterday. Market closed at 5331 …

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#64 Nifty Update

😮 :o…Shocked or cant believe??? that was the expression of many investors when they switched on TV while they were brushing because they saw SGX NIFTY trading 80 points down below 5400 at 8am. NIFTY opened at 5402 at pre-open on weak global cues and close at 5404.80 down 51 points from previous close. US …

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#63 Nifty Update

Ssssshhh!!!!! Markets brought silence amongst the trading room… NIFTY opened in red and closed at 5456 down 60 points after making low around 5433. Global cues are indecisive which is making market range bound. US debt ceiling has been raised but still many experts raise question that is this the end of recession??? It is difficult …

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#62 Nifty Update

That was nice opening by Duo i.e., NIFTY ans Sensex to new month of August. NIFTY gap up on account of Positive news from US and closed 34 points up at 5516. Yesterday night bill of increasing debt ceiling in US was passed by both the house. This was the driving factor for todays positive markets …

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Nifty

#61 Nifty Update

NIFTY was taken over by bears since Tuesday of the week. On Monday, NIFTY confirmed the morning start which I mentioned in NIFTY view of my last Sunday. But we could notice that for the second time in last 1 month NIFTY could not confirm its breach over the strong resistance line. That resistance in …

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