Nifty has support at 2750-2700: Karvy
Published on Tue, Nov 18, 2008 at 09:36 , Updated at Tue, Nov 18, 2008 at 09:38
Source : moneycontrol.com
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According to Karvy Stock Broking's Technical Analysis report, the indices may find support around 9000-8700/2750-2700 levels for the day. Karvy Stock Broking's Technical Analysis report:
To read the full report click on the attachment...... |
Attachments : DAILY TECHNICAL REPORT-181108.pdf |
Messages on Market Analysis - Technical View
Other comments
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
- World
| 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 | $ 40.36 | -0.47 |
| 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 10) | 4482.60 | 20.14 |
| 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 |
Note: If the market is yet to open, values may show 0.00



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Global indices are trading on a negative note. Our indices are expected to open on a flat to weak note. We may witness further selling pressure around the indicated resistance levels which could be utilized to assume fresh speculative short positions. Hence, investors are advised to trade cautiously with strict stop losses. For the day we expect buying to emerge around the indicated supports. Speculative shorts may be assumed if Nifty fails to hold above 2780 levels else from 2850 levels with a stop loss placed above 2900 levels. On the higher side, 9500-9800/2850-2900 levels will continue to act as stiff resistance while the indices may find support around 9000-8700/2750-2700 levels for the day.



