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Sensex         


Nifty             

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Sensex 







Nifty

[<--Jack-->]

[immi22_80]

Topic :- Closing Note

Bears ruled the whole day. All market movers crashed like anything. Lot of panic in the market. Cash inflow is very less now. Investors have already lost there confidence in the market. FII are showing there back and are selling stocks regularly. Dollar moving up. Only good thing is inflation is marginally down and crude oil is down so we can expect some relief in the oil prices very soon.

Today all Biggies are over 20% down.

Coreproject 50%,
Bajajhind 26%,
Mcdowell 24%,
Yesbank 23%,
Welguj 23%, 
Ibrealest 22%,
Polaris 20%,
Rcom 22%,
Hdil 20%,
Nagarconst 25%,
Educomp 20%,
Gmrinfra 20%,
Punjlloyd 20%,
Suzlon 20%

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Topic :- Time:2.40 Pm

Nifty can see some profit booking if Nifty drops below 3320.If Nifty closed below 3320 then bears will still rule bulls. If Nifty closed above 3365 then bulls will take partial charge.

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Topic :- Time: 1.25 Pm

Market OutLook: Nifty Having Resistance at 3290(Spot) Level. If Nifty Cross this level & Sustain above then we can see some recovery in Market till 3315-3340 & Nifty Having Support at 3270(Spot) Level. If Its Break & come below then we can see again some Selling Pressure in Market till 3250-3200-3160 Levels.For Today frezze limit is now 15% from 10% in NSE after 1pm.

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Topic :- Time:12.10 Pm

August  Index of Industrial Production (IIP) growth at 1.35% VS 10.7% (YOY).
This time its very very low. Higly neagtive for the market.Panic continues int the market. Rumours hampering. We advise everyone not to follow rumours.
Time - 12.42 Pm - FTSE falls below 4000 now since May 2003. Low in 4 years. Nifty 300 pooints down. BSE 1063 down. Taiwan are enjoying today and are safe as there market is closed today. NIKKI moving for another lower frezze? Just wait and watch.

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Topic :- Time:11.50 Am

Nifty if sustained above 3315 it can show some recovery.Nifty below 3300 can see some more panic selling.Investors are advised not to take any delivery at this point of time. Only day trading that too in small quantity is advised.

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Topic :- Time:10.52 Am

Nifty spot above 3342 can see some recovey. Nifty has to sustain above 3342 to show some upward movment .If Nifty sustain above 3342 it can touch 3370-3385-3400 in short time.


Major Stocks on New 52 Week Lows:-

Shree Renuka Sugars Limited(RENUKA)

Indiabulls Financial Services Limited(INDIABULLS)

Aban Offshore Ltd.(ABAN)

Reliance Infrastructure Limited(RELINFRA)

Reliance Natural Resources Limited(RNRL)

Reliance Petroleum Limited(RPL)

Reliance Industries Ltd(RELIANCE)

Reliance Capital Limited(RELCAPITAL)

Adlabs Films Limited(ADLABSFILM)

Reliance Communications Limited(RCOM)

Indiabulls Real Estate Limited(IBREALEST)

Infosys Technologies Ltd.(INFOSYSTCH)

Larsen & Toubro Limited(LT)

Bharat Heavy Electricals Ltd(BHEL)

GMR Infrastructure Limited(GMRINFRA)

Gujarat NRE Coke Ltd.(GUJNRECOKE)

Arihant Foundations & Housing Ltd(ARIHANT)

Suzlon Energy Limited(SUZLON)

Tata Steel Limited(TATASTEEL)

www.ShareTipsInfo.com

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Topic :- Time:10.17 Am

BREAKING NEWS: India Cuts CRR by 150bps to 7.5%. It will give support market and we can expect sharp recovery now.

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Topic :- Time:-9:58 Am

Market Out Look:

Nifty Having Major Support at 3250(Spot) Level. If Nifty Break This Level & take close below then we can see more weakness in market till 3000-2800 levels in Short Term.


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Topic :- Opening Note

Nifty future lower gap opening and recovery later.Nifty future support 3350-3300 and Resistance 3650-3750.Book timely profit market to remain very volatile.

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[immi22_80]

Topic :- Closing Note

Nifty has shown good recovery from its day low. Still it closed in red.RBI has cut the CRR by 100 base point, plus week ended inflation was also down still market was not able to trade in green.Once again overall day was very volatile. This worst bearish phase of market is about to end soon.

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Topic :- Time:-3.20 P.M

Market Out Look:

Nifty Major Resistance at 3275(Spot) Level. If Nifty Cross this level & close above this level then we can see some more recovery in market till 3380-3450-3500 levels. Below 3250(Spot) level if Nifty Close then we can see again downfall in market till 3150-3080-3040-3000 levels in coming days.



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Topic :- Time:2.18 P.M

Nifty spot below 3258 can see some profit booking. Now minor resistance for Nifty is 3300. Above 3300 we will see some more upmove in the market.

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Topic :- Time: 1.33 P.M

Nifty to show some more upmove If it is able to sustain above 3235 level. Still major resistance are to be taken care off. Now Nifty have support at 3200 level once again.

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Topic :- Time: 12.30 P.M

Nifty spot if able to sustain above 3132 then we can see some pullback in the market. Nifty major resistance are 3200-3255. 

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Topic :- Time:11.35 A.M

INFLATION for the week at 11.44% v/s 11.80%. Lower infalation and lower market trend. What a joke.
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Topic :- Time:11.10 A.M

Reliance has breached its major support now it will make new 52 week lows in coming days.For Now Nifty is trading under 3200 and is not showing any major indications of recovery. Nifty can show some decent recovery only above 3162. Below 3148 Nifty to remain weak.

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Topic :- Time:10.22 A.M

Outlook Shortterm: Nifty major support is 2800. We may see 4000 mark very soon. Bad phase of Nifty is about to end soon.Chances of Nifty touching 2800 are very less.
For now Nifty Having Resistance at 3200(Spot) Level. If Nifty cross & sustain above this level then we can see some recovery in market till 3230-3250 levels.
Below 3200(Spot) level we can see some more weakness in market till 3160-3130.

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Topic :- Opening Note

Nifty to show recovery only if it is able to cross and sustain above 3362. Nifty to remain weak below 3326.Safe traders avoid trading today.

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[immi22_80]

Topic :- Closing Note

After many days today Nifty has managed to close in green with good gains.IT, reality sector has helped Nifty to extend gains.Fertilizer sector was most active sector through out the day today.This should be considered as very short pullback.

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Topic :- Time:2.58 P.M

If Nifty closed above 3220 then we can see 3330-3365 in coming days.

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Topic :- Time:1.57 P.M

Nifty spot above 3242 can see some more upmove. Nifty spot below 3220 is weak. Nifty has to sustain above 3242 to show more upmove.

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Topic :- Time:-12:20 Pm

Market Out Look:

Nifty Major Support at 3190(Spot) Level. If Nifty Break this level then we can see again panic in market till 3170-3150 levels. Below 3150(Spot) Level we can see panic selling pressure in market which take nifty to 3120-3080-3050 levels.

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Topic :- Time:-11:20

Market Out Look:

Nifty Having Resistance at 3215(Spot) Level. If Nifty cross & sustain above this level then we can see more buying in market which take nifty to 3235-3255-3280 levels very soon. Nifty Major Support at 3190(spot) Level. Below we can see again weakness in market.

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Topic :- Time:-10:05 Am

Market Out Look:-

Nifty support at 3150(Spot) Level. If Nifty Break this level then we can see some profit booking in market till 3120-3080-3050 levels & If sustain above 3150(Spot) level then we can see some recovery in market till 3180-3210 levels very soon.

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Topic :- Opening Note

Nifty trading at 3140 and Nifty is able to sustain above 3150 will show some positive movement. Nifty spot below 3118 is weak. More panic selling below if Nifty breaks 3100.

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[immi22_80]

Topic :- Closing Note

Nifty closed below 2600. Biggest % fall for Nifty ever.It is the worst day for market till now.2nd largest % and points fall for SENSEX.There is no Nifty gainer today.See WWIL stock where it was few months back and is today.Reliance has also breached 1000 mark.

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Topic :- Time:2.45 P.M

Nifty spot below 2618 can see some more downfall. Below 2600 be ready for more lows.Close above 2645 will be bit good for market.

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Topic :- Time:1.55 P.M

Nifty spot below 2660 expect more downfall. Nifty spot above 2680 can show bit of minor recovery.

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Topic :- Time:1.10 P.M

Now Frezze limit is 15%. Nifty spot below 2720 will see more profit booking Nifty resistance is still 2742.Recovery will be there only above 2742.

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Topic :- Time:12.00 P.M

Sensex breaks 9000 since 14 june 06 and now recovery has started. Still question is will this recovery last? well Bank Nifty already on lower circuit and Nifty future near too freeze. Many global market are on freeze. Will Nifty survive? Below 2700 free fall will continue once again.Recovery expected only above 2740. Just wait and watch.

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Topic :- Time:11.25 P.M

Nikki near to lower freeze. Expect free fall in Nifty too now.Recovery expected only if Nifty crosses 2792 at this time now.Investors are running now. Nifty put 2750 is also on upper freeze.Below 2760 expect more fall.

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Topic :- Time:10.37 A.M

Nifty spot if sustain above 2940 can see some good recovery. Nifty spot below 2825 can see some more downfall in the market.

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Topic :- Time:-10:08 Am

Market Out Look:

Nifty Having Support at 2850(Spot) Level. If Nifty break this level & come below then we can see some weakness in market till 2820-2800-2780 levels & If sustain above 2850(Spot) Level then we can see some recovery in market till 2880-2900 levels.


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Topic :- Opening Note

Nifty can open on negative side and may recover later.Nifty spot good above 2962 and Nifty spot weak below 2935.Nifty if breaks 2900 level we will see panic selling in the market.

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[immi22_80]

Topic :- Time:-2:50 Pm

Market Out Look:

Nifty Taking Support at 2660(Spot) Level. If its break this level & come below then we can see some selling pressure in market till 2640-2620-2600 levels very soon.



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Topic :- Time:-12:10 Pm

Update:

Tomorrow 30th October, 2008(Thursday) will be a trading Holiday on Account of "BHAI DUJ"

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Topic :- Time:12.00

Nifty spot above 2742 can see some upmove and Nifty spot below 2718 can see some profit booking.

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Topic :- Time:11.00 A.M

Market Out Look:

Nifty Major Support at 2625(Spot) Level. Below we can see more selling pressure in market till 2600-2570-2550 levels very soon.

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Topic :- Time:10.25 A.M

Market Out Look: Nifty Having Support at 2710(Spot) Level. Below we can see some weakness in market till 2680-2650-2620 levels very soon. Note:- Today Market will seem remain volatile due to future expiry.

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Topic :- Time:-9:52 Am

Market Out Look:

Nifty Having Resistance at 2700(Spot) Level. If Nifty cross & sustain above this level then we can see some positive move in market till 2720-2740 levels. Above 2740(Spot) if nifty able to sustain then we can see some short covering in market till 2775-2800-2830-2860 levels coming soon.


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Topic :- Opening Note

Nifty good above spot 2695 and Nifty spot weak below 2675. Below 2600 we can see more profit booking in the market.

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