Offline
Sensex has support at 8700: SKP Securities
Published on Wed, Nov 19, 2008 at 09:00 , Updated at Wed, Nov 19, 2008 at 09:02
Source : moneycontrol.com
| ads by google |
|
According to SKP Securities' Technical Analysis report, Nifty has its support at 2525 and resistance at 2980. Corresponding levels for sensex are 8700 and 9330/9417. SKP Securities' Technical Analysis report:
To read the full report click on the attachment...... |
Sensex closed at 8937, down by 3.81% and Nifty closed at 2683 down by 4.16%. The support posted at 8947 has breached slightly today (market indeed close at 8937), Now it is important for the market to trade above this level to ensure any potential rally in this week. Currently the MACD is bullish since it is trading above its signal line. The MACD crossed above its signal line 10 period(s) ago. And stochastic are trading at oversold zone. Nifty has its support at 2525 and resistance at 2980. Corresponding levels for sensex are 8700 and 9330/9417.Attachments : TechnicalsSKPTeatimes18112008.pdf |
Messages on Market Analysis - Technical View
Other comments
so did you all play chemfab or gujarat alkalies, both up 5% ystday.. but i played gujarat alkali futures from Rs 93...
in Market Analysis - Technical View - radhika_nandlal at 10-Jan-09 08:36
I dare you to join me in the spa, i will dunk you in hot water....
in Market Analysis - Technical View - radhika_nandlal at 10-Jan-09 08:33
Rate this article
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) | 4485.76 | 16.98 |
| 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
