Quick Market Overview For Friday 2nd July 2010 :
Quick Market Overview For Friday 2nd July 2010 By
CA Rajiv D Khatlawala
MD, ValueTrade Academy Pvt Ltd.
www.investogyan.com
Key highlights of today’s Trades :
Key highlights of today’s Trades Selling pressure was evident today at higher levels.
Though index heavyweights like Reliance and SBI tried to keep markets afloat, markets could not keep up the buying momentum.
This was inspite of the fact that European markets were higher.
Overall market volume relatively lower
NIFTY The Technical picture :
NIFTY The Technical picture
Stock Select – GNFC :
Stock Select – GNFC
In Conclusion :
In Conclusion Markets going in a sideway range was analysed by us in our practical workshops last week.
The range is narrowing now to 5300 and 5220.
As analysed yesterday, EUROUSD gave a break out of the neckline yesterday night itself.
Sectorally I expect Power stocks to outperform the markets in next few days!
THANK YOUwww.investogyan.comCreating Educated Investors To attend our Practical workshops on Technical Analysis Call us at 97234 66285 / 0265- 2323416 :
THANK YOUwww.investogyan.comCreating Educated Investors To attend our Practical workshops on Technical Analysis Call us at 97234 66285 / 0265- 2323416