Nifty

#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 …

Continue Reading
Nifty

#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 …

Continue Reading
Nifty

#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 …

Continue Reading
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 …

Continue Reading
Nifty

#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 …

Continue Reading
Nifty

#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 …

Continue Reading
Nifty

#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 …

Continue Reading
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 …

Continue Reading
Nifty

#60 Nifty Update

Sorry people for not posting yesterday due to some prior commitments. NIFTY expiry was below 5500 which is a bearish sign. Today market close around 5480 levels almost flat with mixed sentiments with investors. Domestically today we had may major events which were stock specific. Karnataka Illegal mining scam today named Adani Enterprise which made …

Continue Reading
Nifty

#59 Nifty Update

NIFTY still in shock of RBI policy. NIFTY closed at 5546 after opening positive at 5588.  Fundamentally market does not have anything to cheer for so market purely trading on Technical levels. LT finance holding IPO opened today and closes on 29th july with price band of 51 to 59. IPO seems attractive but i …

Continue Reading