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Wednesday, September 7, 2011

NSE's NIFTY prediction for tomorrow


Since bullish days are back at Indian stock markets thus National Stock Exchange's NIFTY should remain in upbeat mood tomorrow with resistences at crucial levels.

Following is how NIFTY might perform tomorrow:
next resistance which NIFTY is at 5177-5200 levels. now anything above 5066 good for bulls. so, bulls can keep 5066 as stoploss for all longs. Whereas below 5066, bears can initiate, so
keep 5111 as stoploss.

Weekly range for Nifty:
4888/4977-5066-5155/5244

HAPPY TRADING!!

SENSEX | NIFTY up as global sentiments boosts markets


Benchmark Indian stock indices including the Bombay Stock exchange's SENSEX and National Stock Exchange's NIFTY closed up by over 1 percent today.

Bombay Stock Exchange's Sensex closed at 17065, up 202.19 points today. The 30-share large-cap index touched low of 16922.31 during intraday trading today.

Whereas National Stock Exchange's broader index Nifty closed at 5124.65, up 60.35 points. The index touched a high of 5154.50 in daytrade today.

Indian Stock markets highlights for today:

Tuesday, September 6, 2011

Indian Stock markets closes up | REL up 4 percent



A very good evening to visitors of liveBombayStockExchange. Today Indian stock markets closed in green as both Bombay Stock Exchange's SENSEX and National Stock Exchange's NIFTY closed higher today.

Bombay Stock Exchange's 30-share SENSEX closed up 149.48 points at 16,862.81. Reliance Industries stock price gained 4 percent after BP hinted of increasing gas production in 2 years time.

National Stock Exchange's broader index NIFTY closed up by 47.10 points at 5064.30 today.

SENSEX company-wise closing rates for today:

Monday, September 5, 2011

SENSEX | NIFTY down as double dip woes weigh



Global economic uncertainity took its toll today as benchmark Indian stock indices closed lower today. Both Bombay Stock Exchange's large-cap SENSEX and National Stock Exchange's NIFTY closed in red today.

Bombay Stock Exchange's Sensex closed at 16713.33, down 108.13 points. The large-cap index touched intraday low of 16561.46 during intraday trading.

Indian Stock Markets Highlights:

Saturday, September 3, 2011

Bullish v/s Bearish stock markets


Stock markets have just two ways to go : upward or downward. Now upward trend can be accomplished when there is buying activity being seen. Basically Stock markets work on principle of "Demand and Supply", It is not literally demand and supply but demand here depends on company's performance and approach to changing work dynamics and economic conditions.

One has to first understand that when a stock price goes up, it has to come down. The timeframe when stock markets are rising is referenced as bullish and time when stock markets are witnessing selling is called Bearish. Since stock markets just implement an algorithm for Demand and Supply considering various stock factors(market cap etc). An artificial demand can be created in stock markets for company which is less demanding. It is often reffered as stock market scam but according to me it's hundred percent legal as Stock markets allow it, However now a days if a stock witnesses change of 20 percent in value in one day it is locked for that particular day. Many stock prices which rise 6-9 percent a day is often due to such buying or selling.

Friday, September 2, 2011

SENSEX up 144 points | NIFTY up 39 points


Benchmark Indian stock indices including Bombay Stock Exchange's 30 component SENSEX and National Stock Exchange's NIFTY closed up today thus not following the global peers which are in red or closed lower today.

large-cap SENSEX rose yet again by 144.71 points to close today at 16,821.46. 19 out of 30 components were in green at close today. The broadr index National Stock Exchange's NIFTY closed up by 39 points at 5040 today.

Indian Stock markets highlights for today are as follows:

 

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