Archive for December 24th, 2008

Market Review for 24th December 2008

BSE Sensex: (9687) our crucial support if 9895 got breached and the market cracked closing in the negative, it still looks weak and we could witness volatility on the last day of the F&O expiry.

Market outlook and intraday tips for 24th Dec from IndianMoneyPlus.Com

Source – IndianMoneyPlus.Com US ended lower as its GDP comes out bad.
UK is now officially in Recession after two consecutive quarters of negative GDP.
Europe ended lower.
Asia has started off week.
Indian markets are bonded to open negative.
The support for the Sensex is 9531-9328 and the resistance to the up move is at 10060-10324
Nifty: (2969) the support for the Nifty is at 2876 and the resistance to the up move is at 3027

Free Intraday Stock Tips 24-12-08

Sell ICICIBANK below 416 SL 427 Target 396-376
Sell IDEA below 48 SL 52 Target 45-42
Sell RNRL below 51 SL 53.40 Target 48-45
Sell Educomp below 2578 SL 2617 Target 2523-2416

Buy INFOSYS above 1188 SL 1162 Target 1213-1230
Buy SESAGOA above 87.50 SL 84 Target 92-99

Free Nifty Future Tips 24-12-08

ANALYSIS BY RUPESH YATESH DALAL

ANALYSIS BY RUPESH YATESH DALAL

NIFTY FUTURE
ABOVE 2992 TARGET 3026-3046-3074
BELOW 2958 TARGET 2924-2876-2801