Showing posts with label stock market news for tomorrow. Show all posts
Showing posts with label stock market news for tomorrow. Show all posts

Share Market Tomorrow: 23rd Aug '11


After a long bearish session Market has shown its strength and today Sensex closed at 16,341.70 with the +200.03 up points or up by 1.24%. And the Nifty closed at 4,898.80 having +53.15 positive points or 1.10% up. Tomorrow Market may show its strength again.

Technical Levels for Nifty for Tomorrow-

Resistance   :   R1 :   4980,    R2 :   5060.
Support        :   S1 :   4800,    S2 :   4740.

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Share Market For Tomorrow : 11th Aug '11


After the long period of down trend Now market Moves to upside, Now the Market is looking to recover from that bearish trend. After the Positive news for dow jones the market has take a positive position. Today Sensex closed at 17,130.51 with +272.60 up points or 1.62% up. And the same thing happen with the Nifty also. Nifty closed with +88.15 positive points or up by 1.74% and settal at 5,161.00.
In Nifty Technically it is looking Bullish. 

RESISTANCE:     R1: 5,250,    R2: 5,290.
SUPPORT:           S1: 5,130,    S2: 5,090. 

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Market Trend For Tomorrow : 10th Aug '11


Again we have perfectly proved our accuracy, as we have predicted the Market moved down side again according to that. Today the Market start with a Negative mode and touched the level yesterday's closing level of 5,118 and then it fall back to 4932. Then it recover from that level and touch the level of 5,157, but whole day it suffer from that down trend. Today Sensex closed at 16,857.91 with -132.27 down points or -0.78% down. And the same thing happen with the Nifty also. Nifty closed with -45.65 negative points or down by -0.89% and settle at 5,072.85. 

Nifty showed selling pressure from resistance near 5100 levels and closed in red. Bulls tried to show some strength from lower levels and manage to close above 5050 levels. Volatility may be continuing for next few days. For daily purpose, trend deciding level is at 5100. If Nifty shows strength above 5100 levels, then rally to 5,170/5,230 levels may be seen. If Nifty stay below the level of 5,100 levels then selling pressure till 5,000/4950 levels may also be seen. 

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Share Market For Tomorrow : 9th Aug '11


Again as we have perfectly predicted the Market moved down side again according to that. Today the Market start with a Negative mode and touched the level Friday's closing level of 5211 and then it fall back to 5050. Then it recover from that level, but whole day it suffer from that down trend. Today Sensex closed at 16,990.18 with -315.69 down points or -1.82% down. And the same thing happen with the Nifty also. Nifty closed with -92.75 negative points or down by -2.26% and settle at 5,118.50.

Nifty showed selling pressure from resistance near 5100 levels and closed in red. Bulls tried to show some strength from lower levels and manage to close above 5110 levels. Volatility may be continuing for next few days. For daily purpose, trend deciding level is at 5120. If Nifty shows strength above 5120 levels, then rally to 5,230/5,270 levels may be seen. If Nifty stay below the level of 5,120 levels then selling pressure till 5,030/5000 levels may also be seen. 

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Stock Market Trend For Tomorrow: 4th Aug '11


As we have predicted the Market moved down side again. Today the Market start with a positive mode and touched the level of 5463 but can't hold the same position and than it fall back. Today Sensex closed at 17,940.55 with -169.34 down points or -0.94% down. And the Nifty closed at 5,404.80 with -51.75 negative points or down by -0.95%.
Nifty showed selling pressure from resistance near 5,400 levels and closed in red. Bulls tried to show some strength from lower levels and manage to close above 5,400 levels. Volatility may be continuing for next few days. For daily purpose, trend deciding level is at 5,420. If Nifty shows strength above 5,420 levels, then rally to 5,500/5,550 levels may be seen. If Nifty stay below the level of 5,400 levels then selling pressure till 5,350/5,300 levels may also be seen. 

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Market outlook for tomorrow (31/03/2011)

Nifty is showing absolute strength even though it has entered the overbought region. It is having resistance at 5,825 and 5,860 while the support is there at 5,744. A consolidation around these levels is expected before a profit booking happens after the March expiry.
Market is likely to be volatile as settlement of March derivative contracts is due on March 31. Nifty is likely to get support around 5,600.
Market opened higher and traded in a narrow range to close in green. On the daily chart we are observing that prices are away from the short term averages viz 5&20day EMA. Hence a consolidation of previous gains cannot be ruled out. On the downside indices have support at 19,100 -  18,968 / 5,730  -  5,687 levels. Any move beyond 19,360 / 5,805 levels would lead indices to test 19,500  -  19,560 / 5,850  - 5,874 levels.



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