Articles: Stock Market|
|Stock Market- Live Update 28.10.05|
|Date 28th OCT 2005
CURRENT CLOSING NET CHANGE
Cnx Mid cap
Today's Market Activity Report : Sensex closed below 2 months low.Heavy selling taken place due to Expiry of Oct month contracts. Bank stocks slipped due to disappointing of SBI Q2 Results.Market sentiment has damaged due to disappointing result of SBI & Bharti tele.Sensex moved in negative territory through out day witnessed a sharp fall during the last half an hour of trade. FIIs selling on wednesday ay worth of Rs 453.60 cr. Total FIIs selling in this Oct month will come to worth of Rs 2,721 cr (as on 26 Oct ).
Market analsys : Market closed at 7800 which one of the good support. If by chance market closes below 7800 which will lead to further fall.
All levels meant for day trading .Today we are providing only nifty levels.
NIFTY FUTURES (2348):TREND DECIDER IS 2352
Unless until sustain or close above 2385,weakness will continue.
Supports are 2330/2300. Resistances are 2365/2380/2400.
Mail me for any quarries or feedback or suggestion :
CONTACT NUMBER: 09392100443 CONTACT PERSON: JAGAN MOHAN
Disclaimer: Please understand all trading carries high risk. Please think carefully before you trade. Trading could easily lose money. Trading is a very sophisticated business requiring continuous learning and education. Do not trade without trading tools like software, company reports and technical analysis. This newsletter is only an opinion of its author and does not constitute any advisory to trade in any manner. This is not an advisory or recommendation to purchase or sell. The contents in this newsletter are only for educational purposes. Amateurs/Learners should not try to trade. No liabilities are accepted for any writings in the Newsletter.
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