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US markets ended flat.Europe ended in deep red.Asia has opened mixed.Expect Indian Markets to open flat to positive.The support for the Sensex is 10739-10506 and the resistance to the up move is at 11200Nifty: (3362) the support for the Nifty is at 3302-3238 and the resistance to the up move is at 3440Due to Rollover [...]
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US Markets ended lower.Europe ended mixed.Asia is trading higher.Expect Indian Markets to open flat to positive.The support for the Sensex is 11175 and the resistance to the up move is at 11639Nifty: (3470) the support for the Nifty is at 3435 and the resistance to the up move is at 3734 Day Trading Ideas ICICI [...]
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The Indian stock markets have had a dream run in the last one month. The Bombay Stock Exchange sensitive index - Sensex - has climbed a staggering 39% since the low reached on March 9, 2009. It is thus one of the best performing Asian Index and better performing indexes with respect to global markets. But election uncertainty seems to [...]
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We saw that markets corrected lately and this was a big cause of concern every where. Recession was googled every now and then. “Recession” has become a buzz word now. There are people how booked profits when the markets were at all time high and there are people who have not at all booked profits. [...]
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U.S. Markets ended the week on the positive note with the Dow Jones Industrial Average closing at 8076: Up 1.5% for the day, Down 0.68% for the week, Down 7.98% YTD The Nasdaq or better known as Technology Index did fairly well in comparison closing at: Up 2.55% for the day, Up 1.27% for the [...]
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US markets ended higher note.Europe also ended higher.Asia is trading mixed.Expect Indian markets to open higher or flat.The support for the Sensex is 11200 and the resistance to the up move is at 11639Nifty: (3481) the support for the Nifty is at 3440 and the resistance to the up move is at 3734 Day Trading [...]
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The week started of with a gain and also ended with a gain.The week was volatile.Global cues were in favor of the Indian Markets.More over we had banking stocks which rallied due to RBI rate cut policies. Even though annual inflation maintained hovering around zero, banking and related stocks witnessed buying interest on hopes that [...]
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Last week we saw NIFTY was in a range bounded mode. Average uptrend was seen. Followed by strong global cues.Last week NIFTY closed at 3384 and this week at 3480 an increase of 100 points odd. A good one.FII’s participation was good.The week was followed with good global cues and also good local cues. (Rate [...]
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On Monday, the benchmark Sensex ended down 43 points at 10,979.50, after trading between 10,863 and 11,209 in a volatile session. The Nifty closed marginally lower by 7 points at 3,377. Tata Consultancy Services reported a seven per cent rise in consolidated net profit for the quarter ended March 31. The net profit rose marginally [...]
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A mixed week globally ended on a positive note as earnings reports in the US, Europe and domestically added some cheer to the markets. The big positives this week were Axis and HDFC whose results eased concerns about bank profitability, also Wipro beat expectations and saw a bounce in their share price towards the end [...]
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