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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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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Nifty

#42 Nifty Update

NIFTY ‘s move was a unexpected one but a superb recovery. NIFTY closed almost 100 points up at 5729 to break out all resistance level. Now, 5750 is the biggest hurdle for the market which is a Fibonacci retrenchment level of last one year. SBI is coming up with the FPO of rs.20000cr in near …

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Nifty

#41 Nifty Update

NIFTY was as boring as a circus is for us now. NIFTY opened flat and made a high of 5651 and low around 5610 which was its range today for the market. Intraday players have no major play since last few session as market is consolidating in narrow range. But we have witnessed stock specific …

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Nifty

#40 Nifty Update

NIFTY today opened flat but then showed some profit booking in all scripts with market staying in red all the time. NIFTY closed at 5632 which was above a strong support of 5600. Market is yet not able to decide the its road ahead. Nothing fundamental in the domestic region to move market on the …

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Nifty

#39 Nifty Update

NIFTY was just left by 3 points to confirm a down trend as did Indian Team was left by just 3 wickets to win the series over West Indies. NIFTY opened on a gap and made a high of 5679 and then filled the gap with a low of 5633. NIFTY close again marginally up …

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