Indian stock market forecast for August 28; More pain to come ~ eToro

Indian stock market forecast for August 28; More pain to come

Tuesday, August 27, 2013

NIFTYTrend- WeakSENSEXTrend- WeakAdvances- 218 Declines- 983 Unchanged- 43 Tuesday Indian stock markets snapped three day gains on rupee worries.Sensex closed below 18K mark and Nifty closed below 5300 mark. Rupee breached 66 mark during trade and it is expected that there will be more pain on coming days. How ever finance minister P. Chidambaram said today that rupee is now undervalued. BSE benchmark S&P Sensex opened at 18460.72 (open and high were the same) saw a low of 17921.82...........................

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Nifty and Sensex weekly trend analysis for August 26, 2013 to August 30, 2013

Sunday, August 25, 2013 NIFTYTrend- Flat to WeakSENSEXTrend- Flat to Weak Last week, Indian stock markets extended losses for the fourth straight weak. Markets started with extreme volatility on weak rupee. But at the end of the week market recovered and closed at one week high. After FM and RBI Governor's comment that there is no plan to introduce capital controls Indian markets got a boost. Rupee also recovered at the end of the week. All these resulted in the improvement in market conditions. This week along with rupee's performance, India's GDP and Fiscal deficit data may decide the direction of our markets. BSE benchmark S&P Sensex opened at 18587.38, after seeing a low of 17759.59, went to a high of 18587.38 and closed at 18519.44 (78.74 points or 0.42 per cent lower). S&P CNX Nifty opened at 5497.55 went to a high of 5504.10 and then saw a low of 5254.05 before closing at 5441.75 (36.10 points or 0.66 per cent lower). Short term technical trend of Nifty and Sensex is 'Flat to.....

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Pivot points of all NSE Equity stocks

http://niftypivots.stockforyouindia.com/

Pivot points of all NSE future stocks

http://nsefuturepivots.stockforyouindia.com/

Weekly Pivot points of NSE Stocks
http://niftypivots.stockforyouindia.com/p/nifty-weekly-pivot-points.html

Camarilla levels of all NSE Stocks

http://camarillalevels.stockforyouindia.com

Fibonacci levels of all NSE Stocks

http://niftyfibonacci.stockforyouindia.com

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