US markets ended mixed.Europe also ended mixed.Asian markets have opened a bit higher.Expect Indian Markets to have a flat to positive opening.The support for the Sensex is 8600 and the resistance to the up move is at 8872-9066Nifty: (2719) the support for the Nifty is at 2665 and the resistance to the up move is [...]
US markets opened flat but later rallied.Europe ended in negative.Asia is expected to open positive.Expect Indian markets to open in the same manner flat to negative. The support for the Sensex is 8630 and the resistance to the up move is at 9030-9157 Nifty: (2736) the support for the Nifty is at 2685 and the [...]
US markets on Friday were marginally lower.Europe markets ended lower.Asia has opened weak.India is bonded to open flat to negative. The support for the Sensex is 8246-9130 and the resistance to the up move is at 9551 Nifty: (2875) the support for the Nifty is at 2800 and the resistance to the up move is [...]
US markets went higher as Obama announces a bailout package of 813 Billion $.Europe ended higher. Asia is trading higher.I expect Indian Markets to have a gap up opening. The target for the Sensex is 9150 and the resistance to the up move is at 9334-9410-9550 Nifty: (2850) the target for the Nifty is at [...]
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 [...]
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 [...]
The past week was a horrible one. A company like Satyam can do such a big fraud, unbelievable. The stocks made a high of 189 and a low of 11.50 in the past week. Its all time high is 575 and all time low is 11.50. Raju is now sent in jail. But the innocent [...]
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 [...]
IT companies continue to ride along a rough patch, given the global macro-economic challenges. Though this has adversely impacted their valuations on the bourses, not all is lost for the sector. While concerns such as lower IT budgets for ’09 and turmoil in the banking, financial services and insurance (BFSI) space remain, positive factors like [...]
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 [...]