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Hello, I have been occupied with various stuffs so was not able to update the blog. So we have few stocks with can out shine in the coming weeks. Nevertheless its time to be cautious in the markets. Look out for stocks like : LNT : Out performer M&M : Achieves record sales Satyam : [...]
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GWe had Indian markets touching new highs last week. Technicals : Technically the market is very typically in a sideways zone and is now near strong resistance and we have a four day week and very likely to market is expected to be range bound between 5540 and 5400. Global cues are also supporting the [...]
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Indian markets ended higher last week because of good global cues. Markets have sustained the 18K level which is a good sign. The crucial support for the Nifty is 5350-5225- 5100 and strong resistance at 5493 -5511 The support for the Sensex is at 18000-17850-17500-16950 and strong resistance at 18356 Profit booking would be a [...]
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Last week Indian markets were highly dependent on global cues. Markets were in deep red last week! On Friday we saw a deep red opening on the Indian stock markets before they recovered! NIFTY Technicals : S 2 4804.75 S 1 4867.9 Pivot *4905.45* R 1 4968.55 R 2 5006.15 Stocks to look out for [...]
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Last week we saw volatility in the markets. International markets were down. Bad sentiments overseas had a great impact on the Indian markets. In news last week were : RNRL & RIL case. In which RIL won the case by 2:1 RNRL Stock was badly beaten stock last week Aban Offshore was also a badly [...]
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Markets have become volatile for quite some time. Expect some more volatility. Movements totally driven by global markets. NIFTY : Nifty did move higher to 4,844 last week but instead of doing so in one or two sessions, it took the entire week. The index is now poised below the critical short-term trend deciding level [...]
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NIFTY again comes in positive range. It is well above 5K mark. The annual returns on NIFTY and SENSEX have been brilliant. NIFTY Technicals:
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Last week we saw markets were mainly negative. We almost had markets flat through out the week. Global cues were also negative. This Christmas time seems not to be making every one happy. Sensex is below 17K.
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