The cowardly acts of the terrorists did not shake the confidence of the investors but the markets are cautious a head of the RBI policy meet. The Nifty took the support very close to Friday’s low but failed to trade above 4293. The Nifty failed to trade above 4360 level due to weakness in the momentum is something the bulls needs to think about at this critical juncture.
The market pulse check by STOCKOMETER: The Nifty neither opened low nor it closed at least 30 points down. I failed to read the developments.
The suggestions made in the Stock Specific Action: The RIL has support at 2085 and the low recorded is 2106. The RPL failed to trade above 163 but the high touched is 163.85.
The ICICI could not shed its negative view as the high registered is 669.
The ONGC recorded 1044 but it could not trade above 1020 level but the low recorded at 951.25
The SBI nose dived below 1453-55 level and even touched 1410-11.
The Relcap could not cross the resistance at 1335-1339, the high recorded was 1337.8
The Infy weakly traded below 1550.
The satyam will find buyers above 379-81 but the high recorded at 379.
The Wipro is relative strong and traded in a range of 402-414
The DLF moved in between 493 to 509.
For Stock Specific Action, Visit: http://www.intradaystockcalls.blogspot.com/
Never Forget: I may be wrong, You may be wrong but markets always RIGHT.
The market pulse check by STOCKOMETER: The Nifty neither opened low nor it closed at least 30 points down. I failed to read the developments.
The suggestions made in the Stock Specific Action: The RIL has support at 2085 and the low recorded is 2106. The RPL failed to trade above 163 but the high touched is 163.85.
The ICICI could not shed its negative view as the high registered is 669.
The ONGC recorded 1044 but it could not trade above 1020 level but the low recorded at 951.25
The SBI nose dived below 1453-55 level and even touched 1410-11.
The Relcap could not cross the resistance at 1335-1339, the high recorded was 1337.8
The Infy weakly traded below 1550.
The satyam will find buyers above 379-81 but the high recorded at 379.
The Wipro is relative strong and traded in a range of 402-414
The DLF moved in between 493 to 509.
For Stock Specific Action, Visit: http://www.intradaystockcalls.blogspot.com/
Never Forget: I may be wrong, You may be wrong but markets always RIGHT.
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