March 2009

US markets ended higher.Asian markets are also trading higher.Expect Indian Markets to open positive.Volatility expected in todays trade. The support for the Sensex is 9332 and the resistance to the up move is at 9900 Nifty: (3021) the support for the Nifty is at 2900 and the resistance to the up move is at 3050 [...]

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Yesterday our markets cracked badly.US markets had a bad day yesterday and wal street is down over 2% as automakers plans were rejected.Asia has opened a positive note.Expect Indian Markets to open positive. The support for the Sensex is 9332 and the resistance to the up move is at 9900 Nifty: (2978) the support for [...]

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US markets plunge on Friday evening.Europe ended marginally lower.Asia has opened weak.Expect the Indian Markets to open in the same mannar.We may have a negative opening. The support for the Sensex is 9635 and the resistance to the up move is at 10201 Nifty: (3109) the support for the Nifty is at 3040 and the [...]

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The week began on an extremely positive note supported by strong global cues on account of economic announcements in US and China.Back home, short covering in the derivatives segment and fall in headline inflation to a record low lifted the BSE Sensex to the psychological 10,000 mark and the S&P CNX Nifty to the 3,000 [...]

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Last week we saw NIFTY was in a bullish mode. A good uptrend was seen.Last week NIFTY closed at 2807 and this week at 3108 an increase of 300 points odd. A good one. The week was followed with good global cues.NIFTY TRIN at 1.424Over all Nifty is mixed. Support – 2990 and 2918Resistance – 3140 and 3240Reversal [...]

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Using RBI’s $200,000-per-person-perannum window it is now possible for Indian investors to trade in almost all asset classes like stocks, derivatives, commodities, currencies etc on international exchanges. Think about it, now you can directly buy stocks from New York Stock Exchange, Nasdaq and be able to diversify your portfolios with US stocks. Many Indian brokerage [...]

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Script – Hercules Hoist Ltd.CMP – Rs 87BSE Code – 50572052 Week H/L – 329.00 – 71.55 Summary – The company was incorporated in Jul,y 1962 at Mumbai. The company is engaged in manufacture of Spur Gear chain pulley blocks, electric hoists of various capacities. It has technical and financial collaboration agreement with Hernrich de [...]

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US markets rallied once againg.Europe was trading flat.Asia has opened mixed.Expect Indian Markets to open flat to negative.A range bounded mode expected.Inflation at 30 years low at 0.27%. The support for the Sensex is 9740 and the resistance to the up move is at 10201 Nifty: (3082) the support for the Nifty is at 3040 [...]

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US markets plunge in the later half of the section.Europe ended in RED.Asia is bonded to open weak.Expect Indian Markets to open flat to negative. The support for the Sensex is 9070 and the resistance to the up move is at 9650-9700 Nifty: (2939) the support for the Nifty is at 2835 and the resistance [...]

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US Markets ends negative.Europe was trading flat.Asia is bonded to open flat to positive.Expect Indian Markets to open in the same mannar. The support for the Sensex is 8850-8710 and the resistance to the up move is at 9140-9378 Nifty: (2807) the support for the Nifty is at 2770-2723 and the resistance to the up [...]

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