Posts Tagged ‘technical trends’


Thursday, November 12th, 2009

Market Today

Thursday  market was directionless between 5010 & 4970 on Nifty till 2 pm. After breaking that level Nifty found support near 4920.  IT Stocks were strongest today. Metal & Banking stocks were weakest today.  Global market trend was down during Indian market hours. 
High chances of short term downtrend.
  -                                                                                                                         -                                                                                                                                                                                                                                Market Breadth :  2.80  
Market Trends : Short  term trend of market is Up.  Medium term trend is Up.  [...]

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