BSE Sensex: (9655) the market opened with a bull gap and continued its journey up breaking out of the 2-week consolidation looks like the 10000 mark is within reach…
The support for the Sensex is 9450 and the resistance to the up move is at 10000-10324
1. Analysis Indian share Market: Now large cap stocks will show action and Sensex will have difficulty climbing the 10000 mark, however it appears that it will touch 10000 mark as world stock markets are also on upswing.. Watch Sensex support at 9450 and Nifty support at 2860. Nifty has to move above the level of 3115 to keep moving ahead. Markets will move up by virtue of volatility reduction in the market. One should day trade with stop loss.
Dear Investors/Clients,
Garden Silk Mills Ltd looking attractive price now
Scrip Name : Garden Silk Mills Ltd
BSE Code : 500155
NSE Code : GARDENSILK
It may cross Rs.40 coming days.
Source :
NSEMUMBAIBULL,
DALAL STREET,
MUMBAI, INDIA
ONE CAN INITIATE LONGS IN NIFTY WITH SL 2700 (CLOSING BASIS) FOR TGTS OF 2900-3000 today it hit 1st targets now modify sl 2850(positional) closing basis and 2870 (intraday) for tagets 2950-3000++++++……….
sensex30nifty50@yahoo.com
As I have said in two earlier posts:
#fullpost{display:none;}Do not get suckered by rallies in the equity markets…the anchor is away, but not moored. Below is a sampling of news globally, with my comments, noted. Please tell me when you see a glimmer..and I don’t mean technical indicators…which industry is finding its feet…it still looks like a vast wasteland out there.
Looking at the severity of the global economic slowdown & to maintain its positive image and public appeal before the elections – the government has gone on an overdrive announcing a Rs 32,000 crore stimulus package. In a well co-ordinated move RBI has also slashed interst rates all to propel the economy.
Nifty may open firm and move upward due to short covering
Due to measures taken by Indian govt FIIs turned net buyers in cash and derivative segment.
But in a rally DIIs turned Sellers and it looks that Nifty may range bound
Sell LIC HSG below 217 SL 221 Target 205-197
Sell PUNJ LLOYD below 147 SL 152 Target 143-139
Buy PNB above 452 SL 447 Target 465-476
Buy MARUTI above 504 SL 497 Target 520-541
Buy RCOM above 211 SL 207 Target 221-230
NIFTY FUTURE
IndianMoneyplus.Com - US markets fell down after it rallied for 2 days.
Europe ended a higher note.
Asia has opened marginally higher. I expect Indian markets to open flat to negative.
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