STOCK MARKET TODAY
Today nifty traded in tight range and closed flat. Today too nifty struggled to cross and sustain above the crucial 5070 levels. Volume was not that much good. FII’s were net buyers for 400-odd crores. For past 11 trading sessions FII’s were net buyers for 4500-odd crores. Technically in the price chart a waiting pattern had formed. To my knowledge I expect a breakout, possibly upside. Let’s see what happens.
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Wednesday, November 18, 2009
Tuesday, November 17, 2009
STOCK MARKET TODAY
Nifty traded in a tight range. Volume was not good. FII’s were net buyers for 450-odd crores. Today too nifty was resisted around 5070 levels, positive global cues too did not help. I feel RBI’s survey about GDP may hold market from an up move. Technically a waiting pattern had formed in the price chart. Would nifty can stay above 5070 levels then we may see an up move. I feel nifty would move up ward. Let’s see what happens.
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Nifty traded in a tight range. Volume was not good. FII’s were net buyers for 450-odd crores. Today too nifty was resisted around 5070 levels, positive global cues too did not help. I feel RBI’s survey about GDP may hold market from an up move. Technically a waiting pattern had formed in the price chart. Would nifty can stay above 5070 levels then we may see an up move. I feel nifty would move up ward. Let’s see what happens.
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Monday, November 16, 2009
STOCK MARKET TODAY
Nifty had a good start and strongly resisted at 5070 levels. Volume was not very impressive. Market breath was positive. FII’s were net buyers for 540-odd crores. Technically in the price chart an up move pattern had formed. Would global cues come positive then nifty would mark new highs in come days. Let’s see what happens.
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Nifty had a good start and strongly resisted at 5070 levels. Volume was not very impressive. Market breath was positive. FII’s were net buyers for 540-odd crores. Technically in the price chart an up move pattern had formed. Would global cues come positive then nifty would mark new highs in come days. Let’s see what happens.
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Thursday, November 12, 2009
Wednesday, November 11, 2009
STOCK MARKET TODAY
Today nifty closed above the psychological number 5000. FII’s were net buyers for 850-odd crores. Market breath was positive. Volume was good. Technically in the price chart a bullish pattern had formed. Still global cues influences nifty up move. To my knowledge I expect nifty would mark a new year high by the end of this week. Let’s see what happens.
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Today nifty closed above the psychological number 5000. FII’s were net buyers for 850-odd crores. Market breath was positive. Volume was good. Technically in the price chart a bullish pattern had formed. Still global cues influences nifty up move. To my knowledge I expect nifty would mark a new year high by the end of this week. Let’s see what happens.
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Friday, November 6, 2009
STOCK MARKET ON FRIDAY
Nifty traded in a positive tight range and closed just below 4800 levels. As global cues were positive nifty also traded in positive. Volume was not impressive. FII’s were net buyers for 550-odd crores. Technically in the price chart a uptrend pattern had formed.
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Nifty traded in a positive tight range and closed just below 4800 levels. As global cues were positive nifty also traded in positive. Volume was not impressive. FII’s were net buyers for 550-odd crores. Technically in the price chart a uptrend pattern had formed.
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Thursday, November 5, 2009
STOCK MARKET TODAY
Today nifty had a good rally and reason may be short covering I feel so. Volume was not impressive and FII’s were net buyers for only 126 crores! FM announcement that ‘stimulus will continue’ had triggered the rally I hope so. Technically in the price chart up trend pattern had formed. Tomorrow, would nifty move up with good volume then we may expect an up trend. Let’s see what happens tomorrow.
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Today nifty had a good rally and reason may be short covering I feel so. Volume was not impressive and FII’s were net buyers for only 126 crores! FM announcement that ‘stimulus will continue’ had triggered the rally I hope so. Technically in the price chart up trend pattern had formed. Tomorrow, would nifty move up with good volume then we may expect an up trend. Let’s see what happens tomorrow.
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Wednesday, November 4, 2009
STOCK MARKET TODAY
Today it was a pullback rally. Though nifty had huge rally, volume was not impressive. FII’s were net buyers for only 200-odd crores. Technically a downtrend stopping pattern had formed. To my knowledge we may see an up move from here. Let’s see what happens tomorrow.
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Today it was a pullback rally. Though nifty had huge rally, volume was not impressive. FII’s were net buyers for only 200-odd crores. Technically a downtrend stopping pattern had formed. To my knowledge we may see an up move from here. Let’s see what happens tomorrow.
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Tuesday, November 3, 2009
STOCK MARKET TODAY
For past 6 trading session nifty had down closing. I did not expected this much correction. To my knowledge I feel today’s selling was a panic selling. Volume was not so good. FII’s were net sellers for 850-odd crores. Technically in the price chart a bearish pattern had formed. Still I expect a pullback rally tomorrow. Let’s see what happens tomorrow.
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For past 6 trading session nifty had down closing. I did not expected this much correction. To my knowledge I feel today’s selling was a panic selling. Volume was not so good. FII’s were net sellers for 850-odd crores. Technically in the price chart a bearish pattern had formed. Still I expect a pullback rally tomorrow. Let’s see what happens tomorrow.
Thanks for visiting!
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