Market Outlook
For Daily purpose, Trend deciding level is 5080. If Nifty shows strength above 5080 levels, then rally to 5125/5145/5170 may be seen. If Nifty does not show strength above 5080 levels then selling pressure till 5015/4980/4950 may also be seen.Thu, 14 Jun 2012 16:40:24 +0530
Yesterday was a choppy session for the Indian market. Sudarshan Sukhani, s2analytics.com says, the short-term uptrend is intact. "After a big upmove, the market is now consolidating. If we simply consolidate at current levels then any breakout would give us a very big upmove," he adds.Thu, 14 Jun 2012 08:36:26 +0530
Technical analyst Sudarshan Sukhani, s2analytics.com sees market in a short-term uptrend and suggests traders to buy on dips. However, he expects the market to get choppier than yesterday.Wed, 13 Jun 2012 08:49:25 +0530
Despite yesterdayâs disappointing session, the Nifty managed to close above 5,000 levels on Monday. Given this technical analyst Sudarshan Sukhani of s2analytics.com expects to see a correction. Tue, 12 Jun 2012 08:43:51 +0530
The Indian market has had great run over the last few sessions. Anil Manghnani, Modern Shares Stock Brokers says, 5,100-5,150 is a major resistance zone for the Nifty.Mon, 11 Jun 2012 09:52:51 +0530
In an interview to CNBC-TV18, Sudarshan Sukhani of s2analytics.com says, he is upbeat and bullish on the market now. The current rally, he says, has a target of 5,200.Mon, 11 Jun 2012 08:23:37 +0530
President of ATMA Sushil Kedia tells CNBC-TV18 that the current market rally is only a bounceback, and that the upsides are capped at 5150 for the Nifty.Fri, 08 Jun 2012 11:05:00 +0530
According to Anil Manghnani, Modern Shares Stock Brokers, 5,100 is going to be a very key level for the market.Fri, 08 Jun 2012 09:34:12 +0530
Sudarshan Sukhani of s2analytics.com says, the Bank Nifty will outperform the Nifty. He advises to buy banks on dips. Fri, 08 Jun 2012 08:28:30 +0530
Sudarshan Sukhani of s2analytics.com says, the Nifty is going to cross 5,000 today. His target on the index now is 5,200. He advises positional traders to remain long with a stop loss of 4,900.Thu, 07 Jun 2012 08:42:00 +0530
Anil Manghnani of Modern Shares Stock Brokers tells CNBC-TV18 that the market will stage a pullback rally before crashing to 4500 levels by Diwali this year.Wed, 06 Jun 2012 09:31:59 +0530
Sudarshan Sukhani of s2analytics.com says, the Nifty is finding support at 4,750-4,800 repeatedly. According to him, the trend is neutral, but the bias is on the long side. He advises investors to avoid going short. Wed, 06 Jun 2012 08:21:17 +0530
Jai Bala, cashthechaos.com says, the market could probably rise to over 5,000. However, Bala says, the medium-term picture remains unchanged. "I am pretty clear that new lows are coming for the market. In the medium-term, a minimum of 4,300 for the Nifty, my base case is 3,800 for the Nifty." he adds.Tue, 05 Jun 2012 09:25:46 +0530
In an interview to CNBC-TV18, Sudarshan Sukhani of s2analytics.com says, the Nifty is in a trading range of 4,800-5,000. âLong positions can be taken today,â he suggests.Tue, 05 Jun 2012 08:22:23 +0530
According to Sudarshan Sukhani of s2analytics.com, the market is in a short-term downtrend. He advises investor to avoid going long on the market and short on rallies. However, he says, today is not a good day to trade. Mon, 04 Jun 2012 08:25:26 +0530
Politics
The vote-counting begins today for 18 Assembly seats and 1 LS seat. Jagan Mohan Reddy, meanwhile, stays in jail.
Trinamool Congress leader Mamata Banerjee stunned Congress on Wednesday by disclosing the names under UPA's consideration.
Khurshid said there were serious doubts about the activist's colleagues' faith in the judicial system.
India
Sheila Dikshit has been trying to speak to Bhupinder Singh Hooda but to no avail.
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A Delhi court has sentenced Satish Kumar to another life term, sparing him the death penalty despite holding his crime brutal.
Tech
Microsoft is being secretive about a "major" announcement it plans to make in Los Angeles on Monday.
Nokia also said it would sell luxury phone business Vertu to venture firm EQT.
The Lund site is planned to become a key site for Nokia's imaging software for smartphones.
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