Archive for September, 2009


Wednesday, September 30th, 2009

Market Today

Wednesday Market was the strongest among global markets. Market has given closing above 5040 , and has started new Medium term uptrend. Bank Stocks were the strongest. Nifty is trading at discount in futures market. Global market trend was weak but positive during Indian market hours.
 New medium term uptrend has technical target of 5125 & [...]

Read More »

Tags: ,
Posted in Daily Updates | Comments »


Tuesday, September 29th, 2009

Market Today

Tuesday Market opened with gap. Faced selling near 5020 on Nifty in the moring. It remained in the range of 5020 to 4990 for the rest of the day. A dull day for market. Auto stocks and Metal stocks underperformed market today. IT stocks did better than market. Global market trend was directionless during indian [...]

Read More »

Tags: , , , , , , , , , ,
Posted in Daily Updates | Comments »


Friday, September 25th, 2009

Market Today

Friday Market showed strenght in the morning. Faced selling near 4990. Got support near 4940. Pharma stocks outperformed market. Global market trend was down during Indian market hours.
Out of two probabilities mentioned yestearday Nifty has failed to close above 5040 , now lets check the second probability of Nifty testing 4780.  Picture will be clear [...]

Read More »

Tags: , , , , , , , , , , , , , ,
Posted in Daily Updates | Comments »


Thursday, September 24th, 2009

Market Today

Thursday Market was full of wild swings. It found support near 4900 on Nifty. Then rallied to 5000 due to short covering & failed to sustain above 5000. Global market trend was down during Indian Market hours.
 Now there are two possibilities 1) Market will break 5040  on closing basis with sharp up move. 2) Market [...]

Read More »

Tags: , , , , ,
Posted in Daily Updates | Comments »


Wednesday, September 23rd, 2009

Market Today

Wednesday Market failed to sustain above 5000 on Nifty. Faced selling pressure near 5020. IT stocks were weak today. Global Market trend was directionless during Indian Market hours. Protect Profit.
Market Trends : Short  term trend of market is down.  Medium term trend is UP.  Medium term trend of market will turn down if market closes [...]

Read More »

Posted in Daily Updates | Comments »


Tuesday, September 22nd, 2009

Market Today

Tuesday Market easily crossed the resistance of 5000 on Nifty. Now market may test 5060. Intraday support 5000. Chances of short term downtrend remains moderate due to F&O expiry. RIL weaker than Market.  IT stocks outperformed market. Global market trend was positive during Indian market hours.
Market Breadth : 1.80
Market Trends : Short  term trend of [...]

Read More »

Tags: , , , , , , , , ,
Posted in Daily Updates | Comments »


Monday, September 21st, 2009

Global Weakness

Monday Global market trend was weak & negative. Chances of short term trend turning down are moderate in our market.   Securing  60 to 90 % of total profit is one of the best strategies now onwards.
 
Market Trends : Short  term trend of market is up.  Medium term trend is UP.  Medium term trend of marekt [...]

Read More »

Posted in Daily Updates | Comments »


Friday, September 18th, 2009

Marekt Today

Friday Market rangebound . Found support near 4940 on Nifty. Faced selling pressure near 4980.  Again a strong weekly closing.  Bank Stocks were weak. Auto stocks did better than market. Global markets were weak and negative during Indian market hour.
Market Breadth : 1.27
Market Trends : Short  term trend of market is up.  Medium term [...]

Read More »

Tags: , , , , , , , , , , ,
Posted in Daily Updates | Comments »


Thursday, September 17th, 2009

Market Today

Thursday Market faced selling pressure  at 5000 on Nifty.  Negative breakout by RIL can be considered as warning to bulls. There are high chances of short term downtrend.  Metal stocks outperformed market. Global market trend was weak but positive during Indian market hours. Today Indian market was weakest among global markets.
Market Breadth : 0.70
Market Trends [...]

Read More »

Tags: , , , , , , , , ,
Posted in Daily Updates | Comments »


Wednesday, September 16th, 2009

Market Today

Wednesday Market faced selling near 4950 on Nifty. For the first time it has closed above 4900. Metal Stocks outperformed market toady. Global market trend was positive during the Indian market hours.  Now onwards Protecting 60 to 80 % of gains on long term  investment is best strategy for Investors.
Market Breadth : 3.20
Market Trends [...]

Read More »

Tags: , , , ,
Posted in Daily Updates | Comments »