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 [...]
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 [...]
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 [...]
US markets ended marginally lower. Europe ended flat. Asia is bonded to open flat or mixed. Indian markets are bonded to open flat to negative. Markets are well above 10250. Crude is almost at 48$ a barrel. The support for the Sensex is 10190 and the resistance to the up move is at 10324-10708 Nifty: [...]
US and European markets are closed on account of Christmas. Asia is boned to open flat to positive. We may see a flat opening. NIFTY is bullish above 2945 and will find difficult to cross 3015. The support for the Sensex is 8564 and the resistance to the up move is at 9690. Nifty: (2857) [...]