The Sensex is an “index”. What is an index? An index is basically an indicator. It gives you a general idea about whether most of the stocks have gone up or most of the stocks have gone down.
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Nifty.
Last week we saw NIFTY was in a bullish mode.Last week NIFTY closed at 3473 and this week at 3620 a huge gain.FII’s participation was good.NIFTY TRIN at 1.735Over all Nifty is Range Bounded.NIFTY Nature – Between 3400 – 3750. Waiting till Election results are declared is the best strategy. Current Spot – 3620.70Support – [...]
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Last week we saw NIFTY was in a range bounded mode. Volatility was seen. Followed by many holidays n markets.Last week NIFTY closed at 3480 and this week at 3473 a flat one. FII’s participation was good. This participation can be reduced due to Swine Flu fear.NIFTY TRIN at 0.42Over all Nifty is Range Bounded.NIFTY [...]
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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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Last week we saw NIFTY was in a bullish mode. A good uptrend was seen. Followed by strong global cues.Last week NIFTY closed at 3211.05 and this week at 3342.05 an increase of 130 points odd. A good one. The week was followed with good global cues and also good local cues.NIFTY TRIN at 0.566Over [...]
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EOD chart has formed “Bullish Engulf Pattern” with “Hanging Man Pattern” on Friday. We are stick to same view as we advocated last week, Nifty is bullish above 2869 level on closing basis. Currently Nifty is well above its 13 EMA(2816) and 34 EMA(2867) which suggest there is some amount of Bull steam is left [...]
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NIFTY has a support at 2790 and 2710 and a resistace at 2950 and 3025Sensex has a support at 9100 and 8910 and resistance at 9540 and 9740 Do you know Zimbabwe rolls out 100 trillion Z$ notes ! Subscribe for free Email Updates – Click here. Free SMS Updates subscribe – Click here.
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The Sensex ended sharply positive as it rallied during the last hour of the trade. Sustained buying was seen in index pivotals. Oil & gas gained the most followed by power and metal stocks, while realty stocks dropped. BSE Midcap and Smallcap index rose 0.53% and 0.07% respectively. Among the sectoral indices, BSE Oil & [...]
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On my Birth Day I am writing this post. Hope it benefits. Last week markets went up as predicted. The coming week we may see more volatility. But I am bullish until NIFTY doesn’t break 2840. Above 3150 we can see 3225 and 3280. We are in a range bounded mode. On Monday we could [...]
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Technical analyst, Vishwas Agarwal, while commenting on the market said, “From Monday or Tuesday onwards, market will start recovering for second and last round of current upmove. As this market will make next stop before January 14 and from there onwards, corporate results will start which are expected to be weak.“ “We have only around [...]
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