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US markets had ended positive. Asia has opened positive. Expect Indian markets to open a positive note. We can see a gap up opening of more than 200 points on Sensex. Crude is at almost 4 years low so can this be a good news for few stocks ? Yes. Many stocks can benefit from [...]
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US markets ended negative. Asia is bond to open flat to negative. Yesterday markets rallied seeing the rate cut in short term. We may see a flat to negative opening in the Indian markets. Levels to watch out for on Nifty is it has a support at 2650 and resistance for upmove at 2940. Day [...]
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A Reuters poll says that mainly large caps stocks are a attraction of domestic Mutul Funds Companies. Indian large caps and financial sector stocks are likely to attract them for next 3-4 months as they hope for stock market rebound. Three-fourths of the respondents in the Reuters Asset Allocation Poll conducted between Nov. 21 and [...]
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Last week we saw markets going marginally up after good global cues. It was one of the most volatile weeks on the bourses with benchmark indices gyrating sharply as profit booking alternated with short covering before the F&O expiry date. While a big bailout package in which the US Government promised USD 326 billion to [...]
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US markets were closed yesterday. Europe was up 2% on an average. Asia has opned marginally lower. If markets open today we may see a negative to flat opening. Support for Nifty is at 2550 and resistance for upmove at 2910 and 3200 Day Trading Ideas. SBI Buy above 1115 for targets of 1126 and [...]
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Shocking terror attact in Indias Financial Capital. Over 80 are Dead and 200 are injured (Sources). We pray for all the Victims and Cops who lost their life in this incident. All world markets are trading positive and I expect Indian markets to open positive. US markets are up over 3% on an average. Asia [...]
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Indian Stock Markets have witnessed a worst hit. Indian markets are now down over 57% from its peak. Its almost at its 3 years low. Markets need a good breath now. Traders are worried and even Investors. Recession has covered the whole globe. No one has been left out. No fundamentals in markets as of [...]
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The 30-share index, which opened higher by 160 points, surged further by 323.93 to 8,774.94 points despite weak global markets. The benchmark Sensex soared by over 320 points in late morning trade on Friday after Prime Minister Manmohan Singh assured that country will sustain a growth rate of 8% despite the adverse impact of the [...]
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