Market Overview for July 9

Category: Education

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Friends, : 

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

Quick Market Overview For Fri 9th July 2010 : 

Quick Market Overview For Fri 9th July 2010 By CA Rajiv D Khatlawala MD, ValueTrade Academy Pvt Ltd.

Slide 3: 

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Key highlights of today’s Trades : 

Key highlights of today’s Trades At last , the market broke out of the range and closed higher at 5350+ levels Overall volumes have risen compared to last few days which is positive signal Telecom stocks rally more than 7% on re-rating by a leading FII IMF raises the GDP forecast for India to 9.5%

NIFTY The Technical picture : 

NIFTY The Technical picture

Commodity Select – Steel Long (NCDEX) : 

Commodity Select – Steel Long (NCDEX)

In Conclusion : 

In Conclusion Now that the break out of the trading range has occurred , watch the 5400 resistance Midcap counters likely to show activity The weekly charts are turning about after a long stagnation, and so a break beyond 5400 should be a signal of further bullishness

THANK YOUwww.investogyan.comCreating Educated Investors : 

THANK YOUwww.investogyan.comCreating Educated Investors

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