Posted by Indrodeep Banerjee on September 8, 2009
Total Views - 1946
On Tuesday markets opened on a positive note on the back of positive cues from the Asian markets and turned extremely choppy after the opening.
Markets traded with volatility during the entire days session, followed by buying and profit booking at every upside and downside.
Metals, Oil & Gas, Capital Goods, Banking stocks were on gaining side. While selling pressure emerged among Click Here To Read Full Article »
Posted by Indrodeep Banerjee on September 7, 2009
Total Views - 1797
On Monday markets opened on a positive note on the back of positive cues from the global markets and continued its upward movement on sustained buying across all the counters barring FMCG.
Further strong European markets also lifted the investor and markets continued marching up..
Realty, Metal, Bank, Consumer Durable, Auto, Tech, PSU and Capital Goods stocks witnessed most of the buying in the days trade.
Nifty finally Click Here To Read Full Article »
Posted by Indrodeep Banerjee on September 5, 2009
Total Views - 1898
On Friday markets opened on a positive note on the back of mixed cues from the global markets but soon volatile until the buying came in at the lower levels which helped the markets to sharply surge up.
Further wirh the strong opening of the European markets investor sentiments got boosted up and strong buying came into the markets during the mid session.
The strong buying continued mainly across the Auto, Metal, Oil & Gas and Capital Goods stocks.
Nifty finally closed at 4680.40
gaining 87 points or 1.89 %
Trading Strategy for 7 Sep, 2009
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Posted by Indrodeep Banerjee on September 2, 2009
Total Views - 1779
On Wednesday markets opened weak on the back of negative cues from the global markets but soon buying came in at the lower levels which helped the markets recover from the opening losses and surge into the positive territory. Then after the markets traded with extreme choppyness for the entire session hovering into the negative and positive territory.
Weak European & Asian markets also dragged the sentiments down markets pared some of its gain to end marginally negative.
Selling pressure was witnessed among the Realty, Capital Goods, Power and Auto stocks.
Nifty finally closed at Click Here To Read Full Article »
Posted by Indrodeep Banerjee on September 1, 2009
Total Views - 1627
On Tuesday markets opened gap up on the back of firm cues from the Asian Markets and markets traded with fair gains during early part of the day before the profit booking came in at the higher levels.
Weak European markets also dragged the sentiments down during the second half of the days session and markets pared all its days gains to slip deep into the reds.
The selling pressure was mainly witnessed in the Realty, Power, Pharma and Capital Goods stocks.
Market faced experienced resistance above 4712 mark and support at 4618 levels as calculated by us a day back.
Nifty finally closed at 4625.35
loosing 37 points or 0.79 %
Trading Strategy for 2 Sep, 2009
Intraday Support for the market shall be Click Here To Read Full Article »
