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US markets ended higher.Europe ended marginally higher.Asia has opended higher. Expect the Indian Markets to opwn positive with a gap up opening.Inflation for the weekended comes to 2.43% which is seven years low. Is the figure inflated? God knows.The support for the Sensex is 80470 and the resistance to the up move is at 8522-8676Nifty: [...]
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Its been one year since markets have fallen from its peak. Last year on 21st Jan we saw Indian markets saw a blood bath. US markets plung badly.Europe is marginally lower.Asia has opened weak.India is bonded to open negative. The target for the Sensex is 8945 and the resistance to the up move is at [...]
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US markets ended positive on Friday.Europe also ended positive.Asia has opened positive.I expect Indian Markets to open flat to positive. The target for the Sensex is 9200 and the resistance to the up move is at 9528-9708 Nifty: (2828) the target for the Nifty is at 2740 and the resistance to the up move is [...]
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US markets plunge. Europe also was in red down over 4%. Asia has opened weak. India is bonded to open lower. The target for the Sensex is 9250 and the resistance to the up move is at 9557-9731 Nifty: (2835) the target for the Nifty is at 2775 and the resistance to the up move [...]
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US markets ended mixed. Europe ended marginally negative. Asia opened flat but now has pulled back and is trading positive. India is bonded to open flat or positive. The target for the Sensex is 8947-8845 and the resistance to the up move is at 9575-9750 Nifty: (2769) the target for the Nifty is at 2685-2404 [...]
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US markets were down again yesterday. Europe ended lower too. Asia is bonded to open negative. We may see a negative opening in the Indian markets also. NIFTY is technically oversold and is now in down trend for short term. Do not initiate any fresh buys. Also don’t short much below 2700 as we can [...]
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US markets ended negative. US ended negative as the jobless data comes out to be the worst. Europe ended marginally negative. Asia has opened marginally lower. Indian markets are bonded to open flat to negative. If markets open higher of 100 odd points on NIFTY they are bonded to give up all its gains. The [...]
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US Markets ended mixed after a volatile start. Europe ended marginally lower. Asia is bonded to open flat to negative. India is bonded to follow the same. The support for the Sensex is 9100 and the resistance to the up move is at 10000 Nifty: (2920) the support for the Nifty is at 2800 and [...]
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Satyam’s fraud was the reason the market tank yesterday. Satyams ADR opened down 91%. US markets ended lower on an average of 3%. Europe also ended lower. Asia has opened negative. India is bond to open negative. The trend in NIFTY is broken and one can see markets giving up gains. I see a minor [...]
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US markets ended mixed after a volatile secession. Europe ended marginally higher. Asia is trading higher. Expect Indian markets to open a higher note. The support for the Sensex is 10190 and the resistance to the up move is at 10708 Nifty: (3113) the support for the Nifty is at 3100 and the resistance to [...]
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