Market updates for Intraday

[Uncle-ji]

Tuesday, 26-July-2011, 11:15am

Market suddenly in the red; Took a 50-point fall; Still falling;
NIFTY around 5620; Going down; Testing support of 5610 now;
Next support is at 5570; Big fall if 5600 is breached;
The RBI has raised the Repo Rate and Reverse Repo Rate by 50 bps
instead of the market expectation of 25 bps;
Market likely to fall some more and then even out;
Careful...

 

[Uncle-ji]

Tuesday, 26-July-2011, 12:40pm

Market deep in the red; Going down; Recovery possible;
NIFTY around 5590 now; Support of 5570-5580 holding;
Support of 5600 has been broken; Resistance now at 5680;
Market likely to trade choppy and fluctuate for some time;
Chances of upward recovery later.

 

[Uncle-ji]

Tuesday, 26-July-2011, 2:45pm

Market deep in the red; Going down even further;
Europe and Asia trading OK; Our market has negative bias;
NIFTY around 5575 now; Support of 5570-5580 still under test;
Holding for quite some time now; Next support is at 5530;
Resistance now at 5680; More resistance is at 5700;
Market likely to continue in this fashion till the end;
Very slim chance of a sudden pull-around to 5630-5650 levels.

 

[Uncle-ji]

Wednesday, 27-July-2011, Pre-Market 08:50am

Flat opening expected for our markets today;
Asian markets are trading mixed; Market sentiments uncertain;
Dollar is down at 44.0400; WTI Crude is holding at $99.08;
NIFTY support levels today are: 5540, 5495 and 5470;
NIFTY resistance levels today are: 5600, 5630 and 5680;
Results today: DABUR, HEXAWARE, LUPIN, OILINDIA and others;
F&O Expiry coming up; Turbulence expected in the market;
Near-term direction for our markets: uncertain just now;
But a pullback is certain later in the day.

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Daily updates just after: 8:45am, 10am, 11am, 12:30pm and 2:30pm

 

[Uncle-ji]

Wednesday, 27-July-2011, 09:50am

Flat opening; Went down after that; Going down now;
Asian markets mixed; Our market neutral;
NIFTY around 5565 now; Going down from 5585 level;
First support is at 5540 level; More support is at 5500;
Resistance is at 5580; More resistance is at 5600;
Choppy trade likely to continue around the line;
Overall sentiments are negative; Be careful in uncertain market...

 

[Uncle-ji]

Wednesday, 27-July-2011, 11:20am

Market in the red; Fluctuating just below the line;
NIFTY still around 5565 now; Going flat between 5555-5575;
First support is at 5540 level; More support is at 5500;
Resistance is at 5580; More resistance is at 5600;
Choppy trade likely to continue for some more time;
Aggressive buying has to come in at some time.

 

[Uncle-ji]

Wednesday, 27-July-2011, 12:50pm

Market still deep in the red; Going down; Recovery possible;
NIFTY around 5530 now; 5540 support giving way after long hold;
More support is at 5500; Resistance is at 5575-5580;
Choppy trade with negative bias to continue for some more time;
Chances of upward recovery later;
Aggressive buying has to come in at some time.

 

[Uncle-ji]

Wednesday, 27-July-2011, 2:50pm

Market still in the red; Recovery attempt still on;
Recovery not holding; Europe trading negative; Asia mixed;
NIFTY around 5550 now; Came up from the day's low of 5525;
Found good support at that level; Resistance has come in at 5555;
Next support is at 5500; Next resistance is at 5575-5580;
Market likely to continue choppy till the end of the day;
Slim chance of another pull-around to 5580 levels;
But possible...

 

[nileshshukla]

Let him enjoy giving updates Thats what analysts do post mortem analysis.

Nifty went to xxxx level at xxxx time :rofl::rofl::rofl:

post mortem analysis. SuperB defination...

 

[Uncle-ji]

Thursday, 28-July-2011, Pre-Market 08:50am

Gap-down opening expected for our markets today;
Asian markets are trading down; DOW has closed with a 200-point loss;
Dollar is down at 43.9800; WTI Crude has jumped down to $96.80;
NIFTY support levels today are: 5520, 5495, and 5470;
NIFTY resistance levels today are: 5575, 5600 and 5630;
Results today: ACC, ARVIND, HUL, ITC, ONGC, SUNPHARMA and others;
Near-term direction for our markets: down and cautious;
'Wait & Watch' which way the market turns before taking position today.

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Daily updates just after: 8:45am, 10am, 11am, 12:30pm and 2:30pm