WISH U A VERY HAPPY DIWALI & A PROSPEROUS NEW YEAR
Friday, November 9, 2007
Tips [ 09/11/2007]
TO 9.11.2007 MARKET TREND VERY VOLATILE AND BULLISH.
BUY NIFTY FUT TGT 7830+
BUY RNRL FUT TGT 165,175+ IN 2 DAYS
WE EARN MONEY IN ANY MOVEMENT BOTH UP & DOWNWARD OF SHARE MARKET. WE MAKE YOUR FUTURE BRIGHT THROUGH OUR PREDICTIONS.
Market Review for Muhurat Trading
The market has remained in a mixed state of mind, has come off its intra-day low and has finally ended the day in negative territory. Banks, Healthcare, IT, Realty, Tech, Capital Goods, Consumer Durables, Auto, Metals, Oil & PSU's have ended negative in varying degrees while FMCG has ended in positive territory. Volume registered a noticeable decrease (read as turnover) while the undertone seemed subdued.
Sensex (Daily)
Last Close - 19058.93 | Support -18883, 18327 | Resistance -19276, 19621
Trading Range - The Sensex opened at 19110.40, moved up to an intra-day high of 19209.91, declined to an intra-day low of 18917.40 and closed at 19058.93.
Review/Outlook - The Sensex has had a mixed trading session, has had a weak opening, has moved both ways, has received buying support at lower levels, has come off from its intra - day low and has finally ended in negative territory on clearly lower volume. Volatility can be the order of the day; an intra-day upside (seems like a distinct possibility) could come in above the 19081 level while resistance at higher levels (19301) � would limit the upside. The outlook has turned bullish again while resistance comes in at the 21200+ level and support comes in at the 18833 level.
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