Saturday, November 21, 2009



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Gap-down opening for Nifty seen

Posted: 21 Nov 2009 12:36 PM PST

The Nifty on Friday closed above the resistance level of 5,060 to keep the current bull run moving. The index, however, is expected to face resistance above the 5,100 level next week. The SGX Nifty futures was down by over 50 points over the official close of 5,077 in the over-the-counter...

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Positive/Negative breakouts for 23-11-09

Posted: 21 Nov 2009 12:31 PM PST

Positive breakouts from last days trade: Stocks above their 14dma, 25dma, 50dma, conversion (9days), base (26days). Radha Madhav co ltd at 17.25 - Support at 16.50 Vishal retail at 77.05 - Support at 73 No negative breakouts for today. View Market hour...

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Nifty likely to calm down

Posted: 21 Nov 2009 01:34 AM PST

Nifty after having a roller coaster ride on Friday manged to close at 5,052 ending 63 points higher, Sensex too made good gains past afternoon, and closed at 17,021 ending 230 points higher. This week markets gained a net of 1 %. Nifty rose 1.07% and the Sensex gained 1% over the week. F...

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