Nifty

#51 Nifty Update

Market was again boredom for the investors. It almost played in the range of 10 points after the initial volatility during first hour. Market has closed at crucial level of 5567 as i had mentioned as a important support yesterday. Market was not able to take support of 200 DEMA today and closed below it finally …

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Nifty

#50 Nifty Update

Nifty has been very volatile since last few weeks and it has been difficult for traders to decide the trend of the market. Market is purely news based primarily on the global issues in Europe and US. European countries such as Italy and Portugal are in debt restructuring which could weaken their economy affecting the …

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Nifty

#49 Nifty Update

NIFTY opened flat today at 5599. It made a trap move towards 5630 where people might have thought of 5700 but it crashed from there towards the level of 200 DEMA at 5580 and hovered around that level for almost whole day. Markets seems to be boring today for the tradersexcept the first hour of …

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Nifty

#48 Nifty Update

Before starting my NIFTY diagnosis today i feel sorry for those who lost their loved ones in mumbai blast yesterday. This is the biggest shame to the government after 2008 attack. In the opening part of trading session market did responded to the blast and was weak for fewhours .But as soon as Inflation data …

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Nifty

#47 Nifty Update

NIFTY brought smile on the face of investors who had bought shares a day before yesterday.. But am not sure how long this smile will stay on or whether it will stay or not thats a big question. Market is playing in a too volatile time period. One of the major concern isEuropean Crisis. Many …

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Nifty

#46 Nifty Update

BOOOMM!!!! Market opened on a gap downside at 5545 on the support of global cues. Today it filled up our one of the previous gap at 5566 but it created a new one at 5580-5604. One of the major reason for slip down was the worry above Italy economy. EU is in a bad shape …

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Nifty

#45 Nifty Update

NIFTY slide’s down the road today to close at 5616. As expected NIFTY catches bearish mood for now. HDFC had announced its quarterly results after markets hours on friday and they were fairly good but slightly below the street expectations. On other hand IndusInd Bank also posted its quarterly results but they were extremely fine. …

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Stocks

#14 Stock Update: Weekly Picks 11th July to 15th July

STOCK CMP TARGETS STOP LOSS REMARKS Bharat Forg 331 337/345 315 A Dragon fly Doji on Daily chart closed over 200DEMA with the support of RSI and stochastic. I recommend to buy with a strict SL. Cairn 323 330/344 315 A dragon fly doji closed over all the short term moving averages with the support …

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Nifty

#44 Nifty Update

NIFTY had a teasing opening today.SGX NIFTY and all asian markets were positive so we were bullish on market but it happened the other way. Our markets open in red and remained red for all the day. Mine owning companies dragged NIFTY down because a bill is prepared which states that companies has to share …

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