Sensex has support at 8300: SKP Securities
Published on Fri, Nov 21, 2008 at 09:11 , Updated at Fri, Nov 21, 2008 at 09:13
Source : moneycontrol.com
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According to SKP Securities' Technical Analysis report, Nifty has its support at 2500 and resistance at 2755. Corresponding levels for sensex are 8300 and 8700. SKP Securities' Technical Analysis report:
To read the full report click on the attachment...... |
Attachments : TechnicalsSKPTeatimes20112008.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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| Dow Jones (Jan 09) | 8625.22 | 117.24 |
| Nasdaq (Jan 09) | 1577.74 | 39.27 |
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| Nikkei 225 (Jan 9) | 8836.80 | 39.62 |
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| Europe | ||
| FTSE (Jan 9) | 4448.54 | 56.83 |
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| DAX (Jan 9) | 4783.89 | 96.02 |
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Sensex closed at 8451, down by 3.68% and Nifty closed at 2533 down by 3.11%. A falling window occurred (where the bottom of the previous shadow is above the top of the current shadow). This usually implies a continuation of a bearish trend. Currently the MACD is bearish since it is trading below its signal line.The MACD crossed below its signal line today. Nifty has its support at 2500 and resistance at 2755. Corresponding levels for sensex are 8300 and 8700.



