Market Overview for July 14 Wed

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Friends, : 

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

Quick Market Overview For Wed 14th July 2010 : 

Quick Market Overview For Wed 14th 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 The Nifty , after opening in up gap, could not sustain beyond 5450 (indicated yesterday) and closed negative. Market breadth was negative and the overall volumes were high. CNXIT index contniued to fall today too and closed weaker by 1.5% European markets opened steady after a rise yesterday. In fact EuroUSD rallied near to my target above 1.2725 after Greek Bonds got good response yesterday from international investors.

NIFTY The Technical picture : 

NIFTY The Technical picture

Stock Select – : 

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In Conclusion : 

In Conclusion Nifty tests 5450 but closed below 5400. Overall structure remains positive. Expect some further correction in Banking counters and watch the 9900 level for BankNifty. In the currency space, short term traders may book profit in EuroUSD above 1.2750.

THANK YOUwww.investogyan.comCreating Educated Investors : 

THANK YOUwww.investogyan.comCreating Educated Investors

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