Moneycontrol.com >> Message Board >> View Messages >> Market Analysis

[+] SHOW

Ads by Google

Moneycontrol.com >> Message Board >> View Messages >> Market Analysis - Technical View

You are here :

Moneycontrol

MMB

Market View

Market Analysis - Technical View

Stox and More Opening Bell View (1) 15-May-08 08:07

Tracked by (0)

Posted by: stox & more on ( 15-May-08 08:07 )

SENSEX (16978) found a stellar support yesterday which led to a close above 5000 level in Nifty & 16800 in Sensex. Dollar has continued to move upwards against major currencies in the world including Indian Rupee. If rupee sustains this level, it will result in increase in the operating margins in IT companies in the coming quarters. Gold continued its weak trend & Crude now is looking to slowing down its up move. Downside remains limited & one has to be cautious while making positions. Undercurrent is bullish & We rate markets buy on any decline. Volatile & Sideway movement in the near term will be an obvious course of action. Overall, We are looking to face resistance at 17100, 17350 & support is at 16800, 16500.

Market Outlook by Udayan

Markets to rally until crude bounces back
If you just look at what�s being going on for the last couple of days we ha...

Udayan Mukherjee, Stocks Editor, TV18

Replies to Udayan

Market Outlook - Short Term : it will take some doing to breach 145

Jul 09, 2008 by MOHIT338

Market Outlook - Short Term : Mkt in a STRONG STRONG MOMENTUM. Not

Jul 09, 2008 by Sensexxx More

View Comments Post Comments

Hot Stocks

Hot Keywords

Market Buzz

Do you know what's making these stocks move?

Related Links

New to online investing or an old pro? Use Moneybhai as an investing challenge or as a learning tool

Check out the winning strategies and portfolios of those ahead in game
Name	Total Gain
1.gungun mittal	(18.64%)
2. kdevi	(18.07%)
3. 9414333431	(17.83%)
4. manoj1804	(17.41%)

The online trading simulation game is useful for everybody from beginners who have never placed a trade to sophisticated investors looking to test out advanced strategies

Related links

Explore Moneycontrol

STOCKS

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z | Others

MUTUAL FUNDS

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z 172.31.1.164

Copyright � e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.