Hi, I'm forwarding you mail which I have received from investmentguruindia.comHope it will help you.
Technically Speaking - Technical check for 23/4/09 >From www.investmentguruindia.com Yesterday (22/4/09) the third trading session of the week was marked with same volatility where there had been intermittent bouts of buying and selling through out the day. Market opened flat in line with the flat global cues and moved sideways for first couple of hours finally drifted down to test the crucial support zone of Spot Nifty 3300 mark and bounced back from there to close at 3330 loosing 35 points or 1.04%. BSE Sensex closed at 10817.54 down by 80.57 points or 0.74%, BSE Midcap ended the day at 3482.78 down by 40.36 points or 1.15% and Small Cap Indices closed at 3962.68 down by 65.30 points or 1.62%. The volume was same as the previous trading session and the breadth was negative. Technically speaking in the Spot Nifty daily candle stick chart a small day bearish candle has appeared in continuation of two day’s dozi formation (i.e. Monday & Tuesday). The movement of Spot Nifty was marked with lower top and lower bottom formation which depicts bit bearishness. Read Complete Report Result Check - Wipro Q4 net rises 4 pct, beats forecast Read Report Zee Ent Jan-March net falls on low advt rev Read Report HCL Tech Q3 net falls 36 pct; shares tumble Read Report Talking Stocks - Update on IOC, Marico, JSW Steel, ACC, Tech Mahindra & Yes Bank Read Report Other Articles POLL - Inflation seen at 0.09 pct on Apr 11 Read Report RBI to cut rates by 25 bps in 3-4 mnths - Morgan Stanley Read Report IMF: interest rates remain high in real terms in India Read Report Margin squeeze to hit Reliance Q4; profit rise at ONGC Read Report ANALYSIS - High oil stocks, falling demand add to OPEC challenge Read Report Global Markets Morgan Stanley posts 1st-quarter loss Read Report IMF cuts Japan 2009 GDP view sharply, trims China Read Report AT&T quarterly profit and revenue fall Read Report U.S. recession showing signs of moderating - IMF Read Report ANALYSIS - Emerging stocks find 'decoupling' hard to do Read Report For Free Expert Advice, Latest News, Updates, Analysis, Technical Check, Fundamental Check & Many More Thing Visit www.investmentguruindia.com Disclaimer: While we have made efforts to ensure the accuracy of our content (consisting of articles and information), neither this website nor the author shall be held responsible for any losses/ incidents suffered by people accessing, using or is supplied with the content. The views and investment tips expressed by investment experts and authors on investmentguruindia.com are their own, and not that of the website or its management. investmentguruindia.com advises users to check with certified experts before taking any investment decisions. Investment in mutual funds are subject to market risk so please read offer document before you invest. The Calls made herein are for informational purpose and are not recommendations to any person to buy or sell any securities. The above calls are based on the theory of technical analysis. The author does not accept any liability for the use of this column. Readers of this column those who buy or sell securities based on the information in this column are solely responsible for their actions. The author may have positions in any of the stocks mentioned in this column. --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Small Investment" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/Small-Investment?hl=en -~----------~----~----~----~------~----~------~--~---
