Weekly trend analysis
NIFTY
Trend-Weak
SENSEX
Trend-Weak
Previous week, Indian share markets extended losses for the third consecutive week.Sensex fell to the lowest level since December 31, 2012.Once again the bearish sentiment dominated in the market.Nifty opened at 5920.05 on Monday and went to a high of 5969.50 and closed at 5887.40 (16.10 points or 0.27 per cent lower). Sensex opened at 19517.59 and saw a high of 19723.01 and closed weak at 19468.15 (16.62 points or 0.09 per cent lower). Realty, capital goods (CG), power, metal and consumer durable (CD) sectors sharply declined after fall in Industrial out put and rise in retail inflation.The wholesale price inflation dropped to a three year low of 6.62 per cent.But that was ignored by the markets.
Short term technical trend of the Nifty and Sensex, still continuing 'Weak'.This week if NIFTY breaches 5951 and stays above at least 5919 with good volume then NIFTY trend is becoming 'STRONG' and may see 6000,6050 and 6120.If Nifty breaches 5823 and stays below 5856 then NIFTY trend is.........................
Read full story from
http://plus.stockforyouindia.com/2013/02/nifty-sensex-weekly-trend-feb18-feb22.html
http://www.theindianstockmarket.com
*Follow us on Facebook to get latest updates*
http://www.facebook.com/stockforyouindia
*Forum*
http://forum.stockforyouindia.com
[Visit our forum regularly to get latest Indian and Global stock market articles.Discussions and sharings are allowed on forum]
--
You received this message because you are subscribed to the Google Groups "TradingCenter" group.
To unsubscribe from this group and stop receiving emails from it, send an email to tradingcenter+unsubscribe@googlegroups.com.
To post to this group, send email to tradingcenter@googlegroups.com.
Visit this group at http://groups.google.com/group/tradingcenter?hl=en.
For more options, visit https://groups.google.com/groups/opt_out.
Nifty and Sensex weekly trend analysis for February 18 to February 22, 2013
NIFTY
Trend-Weak
SENSEX
Trend-Weak
Previous week, Indian share markets extended losses for the third consecutive week.Sensex fell to the lowest level since December 31, 2012.Once again the bearish sentiment dominated in the market.Nifty opened at 5920.05 on Monday and went to a high of 5969.50 and closed at 5887.40 (16.10 points or 0.27 per cent lower). Sensex opened at 19517.59 and saw a high of 19723.01 and closed weak at 19468.15 (16.62 points or 0.09 per cent lower). Realty, capital goods (CG), power, metal and consumer durable (CD) sectors sharply declined after fall in Industrial out put and rise in retail inflation.The wholesale price inflation dropped to a three year low of 6.62 per cent.But that was ignored by the markets.
Short term technical trend of the Nifty and Sensex, still continuing 'Weak'.This week if NIFTY breaches 5951 and stays above at least 5919 with good volume then NIFTY trend is becoming 'STRONG' and may see 6000,6050 and 6120.If Nifty breaches 5823 and stays below 5856 then NIFTY trend is.........................
Read full story from
http://plus.stockforyouindia.com/2013/02/nifty-sensex-weekly-trend-feb18-feb22.html
*Home Page*
http://www.stockforyouindia.com
[Get daily free intraday stock market cash and future tips,live stock market watch, pivots, camarilla, fibonacci retracement levels, wave trading levels and Gann trading levels for free from website]http://www.theindianstockmarket.com
*Follow us on Facebook to get latest updates*
http://www.facebook.com/stockforyouindia
*Forum*
http://forum.stockforyouindia.com
[Visit our forum regularly to get latest Indian and Global stock market articles.Discussions and sharings are allowed on forum]
--
You received this message because you are subscribed to the Google Groups "TradingCenter" group.
To unsubscribe from this group and stop receiving emails from it, send an email to tradingcenter+unsubscribe@googlegroups.com.
To post to this group, send email to tradingcenter@googlegroups.com.
Visit this group at http://groups.google.com/group/tradingcenter?hl=en.
For more options, visit https://groups.google.com/groups/opt_out.
Leave a comment