November 4, 2008 AT 4:09 AM
BSE Sensex: (10338) has managed to close positive and above the psychological 10000 mark. Still looks up. The support for the Sensex is 10110 and the resistance to the up move is at 10527-10763. Nifty: (3044) the support for the Nifty is at 3000 and the resistance to the up move is at 3083-3115-3239. Sell @ every up move and stay away. Market will again (surely) touch the bottom i.e. 8100. And as it breaks the bottom of 8100 it may create bottom @ 6500 level as it is the final support.
October 27, 2008 AT 4:20 AM
BSE Sensex: (8701) As we said there are tough times ahead and the market cracked, the market still does not display any signs of strength as yet but the Strong support at 8508 is still there and we are now into F&O expiry week, I guess this is action time due to short covering rally. The support for the Sensex is 8508-8048 and the resistance to the up move is at 9400. Nifty: (2584) the support for the Nifty is at 2517-2411 and the resistance to the up move is at 2954. As we discussed earlier, the strong support level of 8320 in our analysis of the market. The market may see real crises of this support level breaks and market then, may see lows of 6500 in comming months. So guys stay alert and still i say to invest small part of your amount at every fall of 7-8%. And This is the real time to go for long ter
October 24, 2008 AT 3:46 AM
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.
October 23, 2008 AT 3:43 AM
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.
October 22, 2008 AT 3:37 AM
The Indian stock market to see some downtime today. Yesterday market was up due to short covering. Still bear would be there in the market. The support for the Sensex is 10300 and the resistance to the up move is at 10919-11542. And the support for the Nifty is at 3000-2907 and the resistance to the up move is at 3324-3496. Today some uptime would also be seen in the market trend but it would not last long so guys, take care of timing for today's trade.
October 21, 2008 AT 3:36 AM
Market is assumed to see some positive spikes today, but indicator suggest both side movements. Still market is in negative zone for medium term and bear market is not ended. The support for the Sensex is 9700 and the resistance to the up move is at 10919-11542. 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.
October 20, 2008 AT 3:46 AM
Today, Market is assumed to start higher, But second half would totally depend on the second quarterly results of the companies which are going to be produced today. The market would surely react to these results. Next Supports for sensex are 9700-9325-8508 and Resistance would be 10919-11542.
October 17, 2008 AT 3:35 AM
Market is assumed to see both up and downtime today in trading session. Day to stay active and conscious. You can go for both intraday and shortselling but timing is very important. BSE Sensex: (10581) we were expecting a test on the previous low of 10240 and market reached that level and made a new low of 10018. The market came of its low in the late trading session due to the psychological 10000 mark but gave up its gain in the last hour. Now if 10000 goes than 9700 is a strong support to deal with. The support for the Sensex is 10000-9700 and the resistance to the up move is at 11410. NSE Nifty: (3269) the support for the Nifty is at 3000-2907 and the resistance to the up move is at 3378-3411 Volumes suggest that market creates temporary bottom and comes into consolidation phase n again it will
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