Expect negative opening: Karvy

According to Karvy Stock Broking's Technical Analysis report, Global indices are trading on a negative note. Hence, our indices are expected to open on a negative note today.
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Dec 12, 2008, 09.22 AM | Source: Moneycontrol.com

Expect negative opening: Karvy

According to Karvy Stock Broking's Technical Analysis report, Global indices are trading on a negative note. Hence, our indices are expected to open on a negative note today.

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Expect negative opening: Karvy

According to Karvy Stock Broking's Technical Analysis report, Global indices are trading on a negative note. Hence, our indices are expected to open on a negative note today.

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, Karvy Stock Broking |

According to Karvy Stock Broking's Technical Analysis report, Global indices are trading on a negative note. Hence, our indices are expected to open on a negative note today.

Karvy Stock Broking's Technical Analysis report:

Global indices are trading on a negative note. Hence, our indices are expected to open on a negative note today. The global indices have witnessed profit taking from their respective weekly highs and would influence the same on the domestic indices. We may witness supply emerging around the indicated resistance levels which could be utilized to assume speculative short positions. However, with IIP numbers due to be announced today we expect the index to remain highly volatile and choppy. If the indices find support then we may see some short covering in the second half.

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To read the full report click here

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Expect negative opening: Karvy

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