Market Outlook :
The Index has resistance at 17322 which is what we would be expecting very shortly ,
Markets did test 17240 will lesser volume. The Volatility Index $VIX for global markets is at its lowest.
There is resistance seen at 5165 on the Nifty , above 5165 we target 5180 and 5201 and 5220.
on the downside Nifty has support at 5067 and it is possible nifty could test 5015 if breaks below 5067.
Stocks To purchase
Buy Bharat Gears above Rs.55 only.
Buy Bharti Airtel with a target of Rs.309 (Intraday)
Birla Ericsson looks like a good buy
Buy cords cable
Bulls Make Money , Bears Make money , Pigs get slaughtered....
Latest Economics Events
- DK: Current Account: 13.300 - 7/9/2014
- UK: Halifax House Prices (MoM): -0.600 % - 7/9/2014
- JP: Machine Tool Orders (YoY): 34.200 % - 7/9/2014
- CN: Producer Price Index (YoY): -1.100 % - 7/9/2014
- CN: Consumer Price Index (YoY): 2.300 % - 7/9/2014
Technical Market View
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Tuesday, March 16, 2010
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