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Nifty has support at 2500/2450: Mansukh Securities
Published on Fri, Nov 21, 2008 at 09:30 , Updated at Fri, Nov 21, 2008 at 09:33
Source : moneycontrol.com
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According to Mansukh Securities and Finance's Technical report, Nifty has resistance near 2625/2750/2875 and support near 2500/2450/2395. Mansukh Securities and Finance's Technical report:
To read the full report click on the attachment...... |
Nifty is negatively poised but a possibility of some short covering around 2450 also has a little chance. Nifty has resistance near 2625/2750/2875 and support near 2500/2450/2395. Given that, traders should consider shorting near highs so that they can apply minimum stop losses. Traders should stay cautious and indulge in selective shorting only, but once 2450 is taken, the probability of attainment of 2200 will be more.Attachments : Equity Technical Trends 21[1].11.08.pdf |
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Moneycontrol provides Nifty OI PCR (for 7-jan-09 it was 1.12 remain unchanged on 9-jan). NSE website provides Index...
in Market Analysis - Technical View - savid at 09-Jan-09 06:27
Which Raju ??? KC Raju of Nagarjuna Finance or Ramalinga Raju of Satyam... Ha Ha Ha Ha.... ROFL......
in Market Analysis - Technical View - Callahan at 09-Jan-09 03:48
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Market Information
| Indian Indices | Nifty Futures | Global Indices | Market Map | FII Activity | MF Activity |
Markets Roundup
- Sectors
- Gainers/Losers
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| BSE Auto | 2523.51 | 25.19 |
| BANKEX | 5381.36 | 107.88 |
| Bank Nifty | 4906.70 | 77.85 |
| Capital Goods | 6679.42 | 329.35 |
| Consumer Durables | 1809.02 | 44.43 |
| BSE FMCG | 1993.96 | 24.11 |
| BSE Healthcare | 2872.75 | 13.40 |
| BSE IT | 2131.99 | 3.83 |
| BSE Metals | 5203.86 | 401.38 |
| Oil and Gas | 5777.59 | 166.82 |
| BSE PSU | 5184.22 | 68.59 |
| BSE TECk | 1800.05 | 34.32 |
| BSE Small Cap | 3555.60 | 106.92 |
| BSE Mid-Cap | 3120.79 | 77.12 |
| CNX Midcap | 3539.10 | 108.10 |
| Turnover (NSE) | Turnover (BSE) |
| FII Activity | MF Activity |
| Price | Change | |
| Nymex Crude | $ 40.77 | -0.06 |
| Re Vs $ | Rs 48.26 | -0.54 |
| US | ||
| Dow Jones (Jan 09) | 8599.18 | 143.28 |
| Nasdaq (Jan 09) | 1571.59 | 45.42 |
| Asia | ||
| Nikkei 225 (Jan 9) | 8836.80 | 39.62 |
| Straits Times (Jan 9) | 1806.02 | 21.59 |
| Hang Seng (Jan 9) | 14377.44 | 38.47 |
| Taiwan Index (Jan 9) | 4502.74 | 33.05 |
| KOSPI (Jan 9) | 1180.96 | 24.74 |
| Thailand SET (Jan 9) | 459.06 | 5.97 |
| Jakarta Composite (Jan 9) | 1416.67 | 14.01 |
| Shanghai Composite (Jan 10) | 1904.86 | 26.68 |
| Europe | ||
| FTSE (Jan 9) | 4448.54 | 56.83 |
| CAC (Jan 9) | 3299.50 | 24.83 |
| DAX (Jan 9) | 4783.89 | 96.02 |
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