Last Trading Session: Market was volatile throughout the day and again closed with a positive note above its resistance level of 5250.
Today: Now since Nifty is near its psychological resistance of 5300. Closing beyond 5300 levels can give a momentum to the market to move near 5330-5350 levels.
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Last Trading Session: As predicted by us, Market was volatile throughout the day and today also ended with positive note.
Today: Now this is the right time for reaction and anytime down trend can be seen as we already posted yesterday. Market has seen uptrend for almost for 450 points for Nifty and now downfall can’t be ruled out. Investor should remain invested even if market falls with some points....
Last Trading Session: As predicted by us, Market went on giving positive trends and today also ended with positive note.
Today: Still Market trend is up and some more upside can be seen but we can’t rule out the reaction of this uptrend. So any time market can see some sharp down trend. The worry is only for intraday traders and they should keep an eye on support levels for ...
THE COUNTRY’S industrial output rose much faster than expected at 17.6% in April from 13.5% a month earlier led by growth across all sectors.
March's annual growth rate has been revised upwards to 13.9% from 13.5%.
The manufacturing sector in April grew 19.4% as against 0.4% a year earlier, while consumer durables surged to 37% versus 17.6% in April ...
Last Trading Session: As we said 4965 level would be strong support for Nifty and market would see upmove from this point, same happened and market went sharply up from this level and ended above 5050 levels for Nifty.
Today: Now Market is expected to touch levels of 5150 for Nifty in upcoming days. And still 4965 would be strong support for the market. ...
Last Trading Session: As we said 5000 level would be strong support for Nifty and breaching that market would fall sharply, same happened and market closed with sharp negative trend and closed just above our support level of 4985.
Today: 4965 would remain strong support for market, and breaching this level would take market down sharply. Traders should take care of all the resistances and supports level given by us ...
Last Trading Session: As predicted by us, market opened with gap down and seen small upmove in mid session..
Today: 5000 would remain strong support for market. Market still looks positive until it holds 5000 level for Nifty. Market went down due to worse global cues. But market seems to recover soon.
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Last Trading Session: Market remained volatile through out the day and ended with positive trend.
Today: 5085 would remain strong support for market. Market looks quite strong at this moment and should see more uptime. But since global Market ended with gap down, Market may start negative but may recover in mid session if the support level holds.
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Last Trading Session: Market remained volatile through out the day and ended with positive trend.
Today: 5100 would remain strong resistance for market. Market is in a very volatile position and can go in either direction from here but traders should take care of resistance level of 4960 as these would be deciding parameter for market direction.
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Last Trading Session: Exactly As we predicted yesterday, That market would remain up until it holds 5030 and we saw market flat but with positive trend almost for whole day.
Today: Market would still see some more uptime. And we predict market to be up until it holds 5030. Market managed to close above 5050 points for Nifty. As we told near 4800 levels that it’s good time for investments ...
Last Trading Session: As we said that market is preparing for a big uptime and we saw market going up almost 300 points up for Nifty in last 3 days.
Today: Market would still see some more uptime. And we predict market to be up until it holds 5030. Market managed to close above 5050 points for Nifty. As we told near 4800 levels that it’s good time for investments ...
Move aimed at luring more investors to the market. The National Stock Exchange (NSE), the country’s largest bourse, plans to offer a new system for short sales within the next few weeks, a move aimed at luring investors to the local market after expanding in the US and Singapore.
The company, which counts Goldman Sachs Group Inc and Temasek Holdings Pte as shareholders, will introduce the short-selling platform to meet “huge demand,” Chief Executive Officer Ravi Narain said.
NSE is expanding in India, as foreigners pumped in a net $4.3 billion this year, 18 per cent more than a year earlier, data compiled by ...
Last Trading Session: As we said yesterday that market would see sudden downtrend any time, same happened and market closed in sharp red.
Today: Market would still show some more downside towards our next resistance of 4885-4850. But market is preparing itself for big uptime. In near future market would see continuous uptrend. Don’t worry of valuations of your portfolio going down as it is just temporary and not permanent. ...
Last Trading Session: As predicted, Indian Stock Market went remain down through out the day and showed some recovery at the end.
Today: Market would still show some more downside near 4950. But still we would say that downtrend is very limited. Market would go up definitely once it stay for some time in lower region. Long term and mid term Investor should stay invested. Short term investor should book ...
EP Report: Indian Stock Market outlook (Monday, May 16,2010 - Friday, May 21, 2010)
Markets across the globe have become highly volatile recently with huge upswings and downswings in the major global indices. The reason for this primarily remained the uncertainty about the European Union sovereign risk. Though, the huge bailout package announced by the EU and IMF to rescue the situation managed to provide some initial relief, uncertainty over the details and fine prints have still not become clear. This is encouraging investors to ...
