Indian share market outlook for August 16; US datas may decide the trend

Indian share market outlook for August 16; US datas may decide the trend

Thursday, August 15, 2013 NIFTYTrend- Flat to strongSENSEXTrend- Flat to strongAdvances- 673 Declines- 513 Unchanged- 57 Wednesday Indian stock markets extended gains for the fourth day in a row on buying in Auto, Oil- Gas, Metal, PSU and CD stocks. Inflation (WPI) for the month July stood at five month high of 5.79 per cent from 4.86 per cent in June.  RBI's measures to tighten liquidity also failed to control inflation.  But it was ignored by the markets. Rupee closed at a record low of 61.43 on Wednesday..........

Read full article to know next support and resistance levels

http://www.stockforyouindia.com/2013/08/indian-share-market-outlook-august16.html
Weekly Outlook

Nifty and Sensex weekly trend analysis for August 12 -16, 2013; Weak, but a rally possible

Sunday, August 11, 2013 NIFTYTrend- WeakSENSEXTrend- Weak   Last week, Indian stock markets witnessed sell off for the third week in a row.  Rupee worries once again hit the markets. The fear that Federal reserve may withdraw stimulus package any time also affected the markets. SMA fifty went below SMA 200 (Death cross) during this week's trade. This may affect the market in coming days. FII selling increases weakness.But improvement of Rupee to 60.87 is a positive factor. If the markets hold ..

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http://plus.stockforyouindia.com/2013/08/nifty-sensex-weekly-trend-august12-august16.html

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