What we saw on the Indian Stock Markets last week :
Indian Economy is now in Deflation.
Bad global cues which affected the Indian Sentiments.
Budget talks.
Entry load on MF scraped off.
Sectors to watch out for :
Stocks to watch out for :
NIFTY Weekly Technical analysis.
Our stock most targets achieved.
Sugar stocks have surged followed by real Estate stocks.
Good global cues. All
Major gainers are – (In A Group)
Guj. Mineral Dev
MMTC Ltd.
HDIL
Lanco Infratech Ltd.
Major Losers (In A Group)
RelianceCommu.Ltd
Crompton Greaves
Sun TV Network Ltd.
Power Finance Co
Tata Power Co.
Sugar stocks such as Balrampur chini , Shree renuka sugar, Bajaj Hindustan have shoot up.
Unitech as also up 10%.
At 2.42PM Sensex is up 98 points and is at 9788.61
By
Mohit M. Mankani.
(Co-Owner of Mind The Street)
Happy Investing.
US markets ended a positive note.
Now Asian markets are making new highs.
Expect
The support for the Sensex is 9450 and the resistance to the up move is at 10000-10324
Nifty: (2920) the support for the Nifty is at 2860 and the resistance to the up move is at 3113
Day trading Ideas.
LNT
Buy Above 793 for targets of 810 and 816
Sell below 766 for targets of 759 and 752
Hindalco
Buy Above 53.25 for targets of 54.15 and 55.30
Sell below 51.10 for targets of 50.50 and 49.60
Rajesh Export
Buy Above 26.70 for targets of 27.80 and 28.90
Sell below 24.85 for targets of 24.10 and 23.15
Unitech
Buy Above 35.15 for targets of 36.50 and 37.10
Sell below 32.90 for targets of 31.90 and 31
Shree Renuka Sugars
Buy Above 63.50 for targets of 64.80 and 65.90
Sell below 61.25 for targets of 60.20 and 59.10
Happy Investing.
