After yesterday's crash in major Asian Indices, today seeing some recovery in the opening session.Same will affect our market initially.Nifty may breach crucial support of 4950 at the time of opening.Next level to watch for Nifty is 4825 and 4740.Remember upto these levels also market will be Bull phase.
Asian Markets :
HangSeng : +198.13(20307)
Nikkei : +30.34(10355)
Recommendations :
Sell :
Infosys
Jpassociat
PNB
Rcom
Tatamotors
Tatasteel
US Markets :
After Monday's gains on US Markets, yesterday closed flat as news that the senate has scheduled a hearing on President Obama's bank proposal for next week rattled the market. Financials were the day's worst performers, with JP Morgan down 2%. The Dow was down 2.57, or less than 0.1%, to 10,194.29. The S&P 500 index was down 4.61 points, or 0.4%, to 1,092.17. The Nasdaq Composite Index was down 7.07 points, or 0.3%, to 2,203.73.
Discalimer:This document has been prepared by the Research Division of Integrity Financial Consultants Pvt. Ltd.,Pune, India and is meant for use by the recipient only as information and is not for circulation. This document is not to be reported or copied or made available to others without prior permission of iNTEGRITY. It should not be considered or taken as an offer to sell or a solicitation to buy or sell any security. The information contained in this report has been obtained from sources that are considered to be reliable. However, iNTEGRITY has not independently verified the accuracy or completeness of the same. Neither iNTEGRITY nor any of its affiliates, its directors or its employees accept any responsibility of whatsoever
nature for the information, statements and opinion given, made available or expressed herein or for any omission therein.Recipients of this report should be aware that past performance is not necessarily a guide to future performance and value of investments can go down as well. The suitability or otherwise of any investments will depend upon the recipient's particular circumstances and, in case of doubt, advice should be sought from an independent expert/advisor. Either iNTEGRITY or its affiliates or its directors or its employees or its representatives or its clients or their relatives may have position(s), make market, act as principal or engage in transactions of securities of companies referred to in this report and they may have used the research material prior to publication.
Contact Details : email : info@integrity.org.in
No comments:
Post a Comment