*This will help you* * *
*Technically Speaking - Technical Outlook For 29/4/09* * * *From **www.investmentguruindia.com* <http://www.investmentguruindia.com/> After Monday’s volatility, it was a clear down trending day yesterday where Spot Nifty has breached the crucial 200 DMA (3400) on a closing basis. Market opened in the morning in the negative territory taking the weak global cues and breached 3400 mark in the second half of the day finally to close at 3362.35 losing 107.65 points or 3.10%. The sell off was observed across all the sectors barring IT sector where some resilience was observed. BSE Sensex closed at 11001.75 down by 370.10 points or 3.25%, BSE Midcap ended the day at 3450.71 down by 133.57 points or 3.73% and Small Cap Indices closed at 3888.32 down by 138.82 points or 3.45%. The volume was bit lower than the previous trading session and the breadth was absolutely negative. Technically speaking in the Spot Nifty daily candle stick chart an engulfing bearish candle has emerged which depicts bearishness. Yesterday the minor trend line (which was up) was breached at Spot Nifty 3400 level (which was also close to its 200 DMA). Read Complete Report<http://investmentguruindia.com/Home_GSDetails.aspx?GSID=323&PageID=1> * * *Result Check -* Ambuja Cement sees 10-15 pct rise in 09 profit Central Bank of India sees loans up 27 pct in FY10 IDFC Jan-March net more than doubles Sterlite Industries March qtr net dips 55 pct Read Report<http://investmentguruindia.com/Stock_GSDetails.aspx?GSID=325&PageID=2> * * *Broking Firm Views: *Trading Calls; Derivative Strategy; Pair Trading Strategy Read Report <http://www.investmentguruindia.com/FO_Details.aspx> * * *Other **Articles* Builders, politicians cheer affordable homes in India Read Report<http://investmentguruindia.com/HomeTS_Details.aspx?ID=368&PageID=1> BSE Sensex falls 3.25 pct on weak global cues Read Report<http://investmentguruindia.com/HomeTS_Details.aspx?ID=367&PageID=1> KKR sees global deal flow improving - report Read Report<http://investmentguruindia.com/HomeTS_Details.aspx?ID=365&PageID=1> Parsvnath expects to cut debt by a quarter in FY10 Read Report<http://investmentguruindia.com/StockTS_Details.aspx?ID=373&PageID=2> INTEVIEW - Fiscal expansion OK in short term - Stanchart Read Report<http://investmentguruindia.com/Home_GSDetails.aspx?GSID=322&PageID=1> Stocks fall, yen gains on US bank, flu fears Read Report<http://investmentguruindia.com/WMTS_Details.aspx?ID=372&PageID=8> U.S. bank, flu fears chill economy hopes Read Report<http://investmentguruindia.com/WMTS_Details.aspx?ID=371&PageID=8> Chrysler lenders, U.S. Treasury reach a deal - source* *Read Report<http://investmentguruindia.com/WM_GSDetails.aspx?GSID=326&PageID=8> For Free Expert Advice, Latest News, Updates, Analysis, Technical Check, Fundamental Check & Many More Things 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 -~----------~----~----~----~------~----~------~--~---
