Outlook for 18th September 2009
Outlook for 18th September 2009
Daily trend of the market is up.
Nifty touched its psychological resistance level of 5000 and it seems that now the market may give us some correction .But as the daily trend is still up, so the readers who are holding their longs in Nifty (bought on 25th August) may go [...]
Sensex, Nifty scale highest level in nearly 16 months; Nifty hits 5,000
The key benchmark indices scored small gains in choppy trade,
extending recent strong gains, as global stocks rose. The BSE
30-share Sensex rose 34.07 points or 0.2%, off close to 110 points
from the day’s high and up about 75 points from the day’s low.
Index heavyweight Reliance Industries (RIL) slumped as the firm
sold a part of its own [...]