Market Overview for July 7

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Friends, : 

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

Quick Market Overview For Wed 7th July 2010 : 

Quick Market Overview For Wed 7th July 2010 By CA Rajiv D Khatlawala MD, ValueTrade Academy Pvt Ltd. www.investogyan.com

Slide 3: 

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Key highlights of today’s Trades : 

Key highlights of today’s Trades Markets give up yesterday’s gains and are down by 1%. European markets open weak and drags sentiments. Index heavyweights fall. Reliance down 2%. Nifty breaks crucial intraday support of 5245 and closes below this.

NIFTY The Technical picture : 

NIFTY The Technical picture

Commodity Select – GOLD : 

Commodity Select – GOLD

In Conclusion : 

In Conclusion Yesterday I had indicated that the markets are NOT showing very bullish signs I had indicated intraday support to Nifty at 5245. You would have observed that the Nifty tried to hold that level in intraday for quite some time! Watch the 5220-5200 level for tomorrow . Close below this to be treated negative

THANK YOUwww.investogyan.comCreating Educated Investors : 

THANK YOUwww.investogyan.comCreating Educated Investors

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