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Nifty Outlook for 27 January 2012 The Nifty opened flat with a positive bias following positive cues from other Asian markets. It ended the day 31 points, or 0.60%, higher at 5,158.30.On daily charts, it ended in a candlestick pattern that resembles like a spinning top, which suggest indecision at the current level and buyers [...]
Nifty Outlook for 30 November 2011 On Tuesday, the Nifty ended with losses. Intraday it tested low of 4,787 and finally ended the day with a loss of 46 points at 4,805. Nifty opened near day’s high and profit booking was witnessed after 3% rise in previous session. Going forward, the Nifty could face resistance [...]
Nifty Outlook for 03 October 2011 The Nifty on Friday, the last trading day of the week, failed to surpass its Thursday high and moved within that day’s range. The index after having rallied mid-week to touch a high of 5,034 succumbed to profit booking and ended Friday lower by 72 points, or 1.44%, at [...]
Outlook for September 15, 2010 For the fifth straight session, the Nifty continued its northward journey to end the day on Tuesday at 5,795.55, up 36 points or 0.62%. In fact, the Nifty crossed 5,800 level during intraday, profit booking at that level saw the index recede. Sustained selling ensured that the Nifty did not [...]
Outlook for September 07, 2010 Favourable US employment data buoyed most equity markets in the world, and the Nifty was expected to have a gap up opening. Led by sustained buying, it closed on Monday with a gain of a whopping 98 points, or 1.78%, at 5,576.95. This was a 31-month high. The Nifty’s closing [...]
