As we have seen yesterday, market already reached our assumed level of support i.e. 9700 for Sensex and 2907 for Nifty. Now the next support level would be 9325 for Sensex and 2871 for Nifty. RIL’s good result can’t help much.
So market is rushing towards EquityPandit.com’s assumed bottom target of 8310-8500, as we already had an analysis in our earlier post Indian stock Market, a copy of its own History.
Now if the market has to go up then it still requires one UP day and that should be enough, until then, there is tough times ahead.
Market is assumed to see downtime today. Market may start with negative indeces and would remain negative throughout the day. Today few second quaterly results of some big companies are also going to be produced, so market would react to those result also. But overall market would be down.
Time to start investing some of your money. Now start buying some of the stocks of companies with good fundamentals. And I would suggest to go for long term investments (atleast 1 year), so that you guys can make good profits.
And the support for the Nifty is at 3000-2907 and the resistance to the up move is at 3313-3478
So let’s see if government will take steps like this(Repo rate cut and CRR cut) then bear will soon eliminated from the market.
Next Supports for sensex are 9700-9325-8508 and Resistance would be 10919-11542.
The support for the Sensex is 10000-9700 and the resistance to the up move is at 11410.
Volumes suggest that market creates temporary bottom and comes into consolidation phase n again it will make new lows cyclically so just wait n watch.
div align=”justify” /divdiv align=”justify”Still not a very good time for the market. Even though CRR cut is there it will shows it’s effect in the medium term specially on the banking system so market wont take it positively unless we get clear clues from global market. Cause market will stabilized only if FII selling will stop./divdiv align=”justify” /divdiv align=”justify”strongBSE Sensex:/strong (10809) So far the structure still looks weak and we see a retest on the previous low 10240.The support for the Sensex is strong10240-10000-9700/strong and the resistance to the up move is at strong11410.br //strongbr /strongNSE Nifty:/strong (3338) the support for the Nifty is at strong3198-3000/strong and the resistance to the up move is at strong3491./strong/divdiv align=”justify”strong/strong /divdiv align=”justify” /div
div align=”justify” /divdiv align=”justify”Today, Indian market is assumed to go down. Lot of selling would be done today to book profits. Market would end lower for the day.But Lamp;T result, today, can cause a lot of recovery in the market. So timing would be important factor for today’s trading./divdiv align=”justify” /divdiv align=”justify”The support for the strongSensex/strong is strong11180/strong and the resistance to the up move is at strong11761-12230/strong/divdiv align=”justify”br / The support for the strongNifty/strong is at strong3468/strong and the resistance to the up move is at strong3620-3702-3751/strong/divdiv align=”justify”strong/strong /divdiv align=”justify” /div
div align=”justify”Today a very good day for Indian and Global market, Indian Market is assumed to see a lot of uptime today. Market would rise today. A lot of buying would be seen in market today. /divdiv align=”justify”br /BSE Sensex: (11309) our upward bias turned out to be a strong up move, capable of further upside from here. The support for the Sensex is strong11000/strong and the resistance to the up move is at strong11761-12230 /strong/divstrongdiv align=”justify”br //strongNifty : (3490) the support for the Nifty is at strong3300/strong and the resistance to the up move is at 3620-strong3702-3751br /Sensex would go up for short time, So guys you can encash your shares which you bought few days earlier (when i suggested you to buy shares)./strong/div
div align=”justify”/divp align=”justify”/pp align=”justify”Today There would be some relaxation in Indian Market. Both uptime and downtime would be seen in Market. The overall Market would be down or flat. You will get a good time to react, whether to go for shortselling or intraday…./pp align=”justify”So guys all the best for today’s trading……/p
Today market is assumed to go down sharply. Market would start at a big lows. Lot of buying was seen in U.S. and global markets. This time is really good for long term ( 6-12 months) investments.br /Today the time to play at margins, but very carefully.
Market today is assumed to go down. Still the crises didn’t finish. The next support for sensex would be strong11150/strong and resistance to move up would be somewhere between strong12152-12352/strong. As per Nifty is considered, the support would be strong3401-3566/strong and the resistance to move up would be somewhere between strong3714-3768/strong. It would be very hard for market to cross these resistance levels, but anyhow if it crosses these levels, it would be very good for Indian markets.br /br / strongFor today, advice is to go for shortselling in morning and intraday in afternoon, depending upon How the Market starts ?/strong
div align=”justify”/divdiv align=”justify”Today Market is assumed to open up somewhere around 100 points. At the end of the day market is assumed to close at 2% down. It is a very good time to buy shares and keep it for some time to book good profits./divdiv align=”justify”/divdiv align=”justify”We assume that 11,200 points would be a very strong support to sensex and if market crosses this support than next support would be 10,500 points./divdiv align=”justify”/divdiv align=”justify”strongMarket is assume to recover soon so we strongly recommend to buy shares at this point./strong/divstrong/strong
Hi Guys,br /br / Today may be a good day for market. Market is assumed to recover and go up today. A lot of buying would be seen today. The global market is increasing and lot of buying has been seen in global market.br /br / So guys make profit by selling your shares……