TeluguPeople
  are the trend-setters

 
Articles: Stock Market
Stock Market Summary
- Editor
  Page: 1 of 2   Next > >  
Market opened at par and bulls run the show through out the day. Market under full control of bulls. Some stocks has shown excellent run i.e Nalco,TVS motors &Ranbaxy 6% up, M&M,IFCI,Auro pharma,Chochin ref ,Polaris,Moser baer,IDBI &Dr.Reddy up by 5%,Hero Honda,Cipla,BHEL,ABB,Tisco&VSNL up by 4-4.5%. Sectors like IT, textiles and pharma went up smartly due to falling rupee.Rupee trading around 1 yr low against Dollar. The market breadth was positive, 1907 advances VS 525 declines, and 49 shares unchanged in BSE. FIIs buying worth a net Rs 384 cr on 2 November 2005. Market analysis: We are continuously asking to buy in dips and sell in rallies. Market started falling from 8821 & supported at 7656.Total fall counts as 1165 points. 50 % Retracement of the current fall will be 8238 & 61.8% Retracement of the current fall will be 8375.Traders or investors watch the above levels closely . By chance if the market sustains above 8238 and closed higher,one must be careful between 8350-8400. Day traders Strategy : Buy in dips and sell in rallies continues. Investors strategy :Market has taken very good correction with in short span. One can start buying for long term as well as medium term. Buy fundamentally good stocks.

Be first to comment on this Article!

  Page: 1 of 2   Next > >  



 
Advertisements
Advertisements
Advertisements
Get the best Results!
Reach potential customers thru TeluguPeople.com, advertise with us!!
Beauty and Skin Care
For all your favorite branded products of Beauty, Skin Care, Perfumes, Makeup and more!
College Admissions in USA
Guaranteed Admissions or Processing Fee will be refunded. At USAdmissions.com
EducationAndhra.com
One-stop Destination for Information on Educational Resources related to Andhra Pradesh
News
Headline News
Cinema News
Business
Special Stories
Devotion
NRI News
Social Media
Facebook
Movie Gallery
Devotional Gallery
Twitter
Photo Galleries
News Gallery
Cinema Gallery
Beauty Gallery
Fashion Gallery
Sports Gallery
Travel Gallery
Devotion
Classifieds
Jobs
Real Estate
Automobile
Personals

Search TeluguPeople.com

(C) 2000-2019 TeluguPeople.com, All Rights Reserved.