FREE INTRADAY CALLS & DAILY MARKET OUTLOOK - 23 Oct 2009
Nifty (4989): Nifty has immediate support around 4980-4930 and resistance is at 5100-5183. upside possible 5100-5180
Sensex (16790): Support Around 1666-16500 resistances 17000-17185.
It was a bad day for our market on account of profit booking and global weakness. Sensex shut shop at 16789, down 219 points and Nifty is at 4988, down 75 points from the previous close. CNX Midcap index was down 1.74% and BSE Smallcap index was down 1.96%. The market breadth was negative with advances at 279 against declines of 994 on the NSE. Top Nifty gainers included HCL Technologies, HUL and ITC while losers were JP Associates, Unitech and DLF.
we said ‘technically the trends is still intact up as long 5090 holds and somehow it looks more like sideways trend’ the market weakened and breached the 5090 mark and that’s negative and I would say all is not lost as long as 4987 holds and that’s just 13 points below the strong psychological mark 5000
We have to look on today's market as last trading session of the week & consolidation may continue. Be Cautious.
Free Intraday Tips
CAMBRIDGE ( Cambridge Solutions Limit )
BUY ABOVE 99 sl-96.3 tgt1-102 tgt2-105 tgt3-107 tgt4-111
SELL BELOW 95.5 sl-97 tgt1-92 tgt2-89.5 tgt3-87 tgt4-84
INDIAGLYCO ( India Glycols Ltd )
BUY ABOVE 147 sl-142 tgt1-151 tgt2-156 tgt3-160 tgt4-165
SELL BELOW 141 sl-143 tgt1-138 tgt2-134 tgt3-130 tgt4-125
ASHOKLEY ( Ashok Leyland Ltd )
BUY ABOVE 44 sl-43.6 tgt1-45 tgt2-46.2 tgt3-47 tgt4-48
SELL BELOW 43.3 sl-43.8 tgt1-42.5 tgt2-41.2 tgt3-40.50 tgt4- 39.80
JAYSREETEA ( Jayshree Tea And Industries )
BUY ABOVE 319 sl-316 tgt1-325 tgt2-334 tgt3-340 tgt4-345
SELL BELOW 314 sl-317 tgt1-309 tgt2-302 tgt3-295 tgt4-289
ITC ( ITC Ltd )
BUY ABOVE 248 sl-246 tgt1-253 tgt2-257 tgt3-261 tgt4-265
SELL BELOW 244 sl-247 tgt1-241 tgt2-238 tgt3-234 tgt4-230
HCLTECH ( HCL Technologies Ltd )
BUY ABOVE 328 sl-325 tgt1-331 tgt2-336 tgt3-340 tgt4-344
SELL BELOW 324 sl-327 tgt1-321 tgt2-317 tg3-314 tgt4-310
regards=
http://iifpl.blogspot.com
-
- Share:
-
-
-
-
-
-
Reach -
Credibility
-
- News Source: The Economic Times | about 1 month agoOct 2009, 1737 hrs IST, Mohammed Sabir, ET Bureau Text: Indian equity benchmarks ended lower for the third consecutive day on Thursday, tracking a downturn in global markets...Indian equity benchmarks ended lower for the third consecutive day...
- Submitted By: IIFPLTotal Blog Visitors Current viewers Disclaimer: This report is for information purposes only and does not construe to be any investment, legal or taxation advice. It is not intended as an offer or solicitation for the purchase and sale of any ...
- Blog Source: deadpresident.blogspot.comThe market witnessed high intraday volatility. The US stock market on Wednesday closed lower due to heavy selling pressures in the final hour. The financial stocks slipped under a strong fit of selling pressure despite strong ... BSE FMCG index was
- Blog Source: capitalmarket.webtutorials4u.comNifty has closed lower for the third day in the row thereby almost giving up all the gains from the rally that began from 4920. Nifty after giving a breakout from the triangular pattern achieved its conservative target of 5190, ... The market
- Video Source: www.truveo.com
- Video Source: www.truveo.com
- Video Source: www.truveo.comHCL Tech Chairman on India’s ...Video Source: www.truveo.comHCL Tech Chairman on India’s Rural-Urban Divide
- Video Source: www.truveo.com
Cell phones use report code: Related Tweets
-
@josephtartakoff Baidu Posts Increases In Net Income, Sales; But Outlook Misses, http://cnt.to/ipB
29 days ago
Related Allvoices Reports
Site Links
Site Topics
Contributions
- Report Your News
- Add your voice and contribute via your cellphone - check out how to Report News via Your Cellphone
- Blog Widget
- Widget for Blog Owner
