US markets rallied. Ends Higher

US markets ended higher :
Dow ended 188 points up.
Nasdaq ended 47.22 points up.

After Jan Dow is seen above 9000 mark.
Some blue chip companies declared their results yesterday in US.

Read the full post...

U.S. Markets and Wall Street Report for this week

The week ending April 17th was very eventful for U.S. Markets. After much see-saw mid week the Dow, Nasdaq and S&P 500 closed in the positive. 

 Dow closed at 8131 up 0.59% for the week. Down 7.35% year to date.

 Nasdaq closed at 1673 up 1.24% for the week. Up 6.09% year to date.

 S&P 500 closed at 869 up 1.52% for the week. Down 3.73% year to date.

Last week we saw better than expected earnings from Dow bell-weather GE, Citibank reportedly loss less money than expected being helped by changes in mark to market accounting rules. Also financials rallied led by JP Morgan Chase andGoldman Sachs who turned out profitable Q1 and also vowed to return the government TARP ( troubled assets relief program) at the earliest.

If last week belonged to Dow components surely this week will be a Hot-Nasdaq week, with Microsoft and Apple reporting earnings. Also reporting earnings will be IBM, Morgan Stanley, Bank of America, MacDonalds and Coca-cola. So lot's of action this week, which may lead to make or break in the market. 

Another key economic indicator data to be expected this week includes - Existing home sales data to be released on Thursday. On Friday we have the report on New home sales, both real estate data points are for the month of March.  Also on friday the government will release Durable Goods Orders and Shipments data for end of march. This is a leading indicator of U.S. manufacturing activity. 

U.S. markets are lead the global economic crisis and are also expected to suggest how and when the trends start moving upwards. Keep yourself ahead of the markets with news and community prediction data from wall-street, visit -http://stockezy.com/US/

Read the full post...

Indian market outlook and daytrading ideas for 25th Nov.

Indian Markets ended flat yesterday.

US markets yesterday rallied as US Gov has plans to rescue Citigroup INC.

Europe was up at an average of 10%.

So expect Indian markets to rallie sure shot.

More over Asia is trading positive.

Today Sensex is bonded to cross 9000 Mark.

Support for Sensex is at 8700 and 8450 and resistance for upmove is at 9350 and 9600

and Support for NIFTY is at 2650 and resistance for upmove is at 2860 and 3100.

Day trading Ideas.

ITC

Buy above 173 for targets of 174.85 and 175.90

Sell below 169 for targets of 167.85 and 167.10

Punj Lloyd

Buy above 143 for targets of 146 and 148.15

Sell below 140 for targets of 138 and 136

RNRL

Buy above 41.90 for targets of 42.50 and 43.15

Sell below 40.50 for targets of 39.40 and 98.60

Suzlon

Buy above 48 for targets of 49.50 and 51.50

Sell below 45 for targets of 43.50 and 42

Happy Investing.

Receive This kind of updates in ur email Id Subscribe - Click here.

Receive SMS updates for free - Click here.

Read the full post...