Market Overview for July 6

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Friends, : 

Friends, PLEASE SWITCH ON YOUR SPEAKERS ValueTrade Academy Pvt Ltd Creating Educated Investors

Quick Market Overview For Tuesday 6th July 2010 : 

Quick Market Overview For Tuesday 6th 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 Markets recover smartly and gain more than 1% Banking, Telecom and Realty counters lead market rise. Overall volumes however were lower than usual The market breadth was positive but not aggresively positive.

NIFTY The Technical picture : 

NIFTY The Technical picture

Index Select – Dow Jones : 

Index Select – Dow Jones

In Conclusion : 

In Conclusion Markets did give a good rally BUT note that the volumes were lower than usual. This may not be a great bullish sign World markets are still not ready for a rally and it is less likely that Indian markets will go counter trend. Watch the 5310-5325 resistance level and the 5245 support level while trading intraday tomorrow

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

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