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CNBC-TV18 Matrix SENSEX 17131.08 -49.10 NIFTY 5090.55 -13.00

Market Analysis - Technical View

 

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24 Nov 2009 18:40

Market will touch 18000 in this rally though there may be intermittent down fall not of serious nature. However this rally may take minimum two weeks time to touch 18000.
...

24 Nov 2009 15:37

If I had skill like u I would have topped CAT and gone into IIMA ..


sd3.....

24 Nov 2009 15:23

Guests are now allowed to intract with me because in my view all the Guests are itself ullu ke phatte and gadhe. since don`t want to disclose their identity. ...

24 Nov 2009 15:03

rupesh711in-Markets trading at fair value plus zone and could take cues from global news flow,quarterly earnings season and Monetary policy review during the month
 There could be potential intermittent correction over the short / medium
providing...

24 Nov 2009 15:00

sd3-So Chennai will have 3G infrastructure to enable 2G users who migrate to a 3G connection to retain the same existing number with no migration charges!!Chennai Telephones plans to give 3G handsets and 3G infrastructure,3G data cards!! ...

24 Nov 2009 13:57

SENSEX / NIFTY

Posted by : sd3

Check Rpower website .
They have one project staring in may june 2010 .

now think

will the EPS not rise ?
what P/E multiple it will trade at with the new EPS ?
Is power sector in India susceptible to recession?

Then make Ur own judgment .

sd3.....

24 Nov 2009 13:48

Anitasingla

Sorry for referring to you as Anita Singh

BTW read your profile

You are an english teacher but its MARKET not MARCKET I am sure it was an inadvertent error coz you are an english teacher and you couldnt have got it so wrong?

Kudos on your social relevant job... very kind of you... You are doing something meaningful in life while we waste time on MMB......

24 Nov 2009 13:41

Anitasingh

YOu are respectful to all? Why?...

24 Nov 2009 13:35

Hi Anitsingh,

i dont know about the fundametnals of Jindal power or steel. i dont even know the rates of any stock except its last two digits lol

but if you ask me dollar might do well today and your JS could fall tomorrow on account of a strong dollar...

24 Nov 2009 12:48

Should i get rid of Jindal steel & power ?
my rate has come ....

24 Nov 2009 12:46

i am respectful to all ,but i made a wrong purchase of WWIl,at 102 in 2007. which stock will give me profit
...

24 Nov 2009 12:44

i dont fear criticism. i am losing 4 lacs at the moment. hope to make up by march-will it rise ?
...

24 Nov 2009 11:32

The Nifty gained 51 points over the day to close at 5103. The bull
party continued yesterday as well as the indices rallied further
and closed above the resistance levels of 17100/5074 that
provided supply the whole of last week. However the
discouraging aspect of the trading action was the fact that the
markets rallied on low volumes and not-so-great breadth. The
bullish reversal pattern that we had pointed out at 4800 levels a
couple of weeks back saw its target of 5120 almost done
yesterday. The technical set-up remains strong and hence
further upside can be expected in the near term. We still do not
have any topping out patterns on the hourly or daily charts as
yet. Interestingly, the daily oscillators are in buy mode and below
the overbought zone, which is a big positive. The DM/ADX
indicator is setting up for a major buy trigger that should be
confirmed in the next 2-5 days. The ongoing “V” shaped reversal
should take the markets to their Oct 09 highs sometime later this
week. Overall, the ongoing rally should only get stronger with
better breadth and volumes in the days ahead....

24 Nov 2009 10:54

Yes, that`s what I meant as well.

But for that Nifty has to break 5150 and close above for 2 days....

24 Nov 2009 10:46

Your view it seems is very confusing for the person who is actually trading..markets do not move according to pure technicals alone..as you imagine.....

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