Nifty technically gave good break out of the range above 4910 spot and made day high of 4970 yesterday. Today it is quite a dull session as expected that it is going to be a profit booking day. Nifty 50 major mover for the day is Reliance Industries and IT sector dragged Nifty down. Day [...]
Archive for the ‘chart Study’ Category
The Sensex rose 276.69 points, to close at 16,466.05 and the Nifty moved up 93.40 points to 4,967.30 after hitting an intra-day high of 4,975.55. First week of Jan 2012 Nifty traded in the range between 4680-4800 and 2nd week in the range 4780-4900/4910. Finally this week started to break the range and knocking the [...]
AnalystCalls wishes everyone a very Happy Pongal [ Happy Makara Sankranti | Happy Bhogali Bihu | Happy Makraat / Kichidi | Happy Uttarayan | Happy Ellu Birodhu | Happy Makar Sakrat | Happy Lohri | Happy Thai Pongal | Happy Poush Sankranti :D ]. Wish everyone celebrate this pongal with Rangoli. Nifty formed a new [...]
It is quite interesting to see that eventually Nifty broke the range 4680-4800 and this breakout trying to reach 4900. Today 4840 tested in the 2nd half session and managed to close at 4860 spot. What’s special on 12th Jan? INFY Results. Yes everyone waiting for the king of IT, Infy to announce its Q3 [...]
Infosys, the king of IT stocks about to announce its Q3 results on 12-Jan-2012. As usual Infy results are keenly observed by the analysts and investors this time because of the sharp rupee depreciation recently. Infosys has guided for 3.2-5.4% sequential Dollar revenue growth in the third quarter. Infosys is expected to report on Thursday [...]
Markets trading in a very narrow range since last week. Nifty trading in a range between 4680-4800 and testing the patience of the day traders. Until it comes out of the range and forms a trend it is not suggestible to take heavy trades. BankNifty trades in a 200 point range between 8300 and 8500. [...]
