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28th May 2015 Posted in: Blog 0

Blog meant for 29 May 2015 Friday Dear friends, Nifty closed marginally lower by 16 points today although at some points in the day it was trading more than 50 points down. The global cues are mixed tonight with some markets up and others down.  With today’s minor fall, Nifty touched the red line and hence [...]

27th May 2015 Posted in: Blog 0

Blog meant for 28 May 2015 Thursday Dear friends, Flat close for the markets today. Tomorrow is the expiry for the Derivatives markets and hence the markets were little volatile today and ended very flat. Tomorrow also the expiry could affect the direction of the markets. The indications as per technical analysis are -  Hold [...]

26th May 2015 Posted in: Blog 0

Blog meant for 27 May 2015 Wednesday Dear friends, Nifty fell once again today by 31 points to close at 8339. The announcement of weak results by many top companies continued to affect the markets.  Also, tonight the global cues are also very negative with the US and European markets down 0.5-1.5%. We have to [...]

25th May 2015 Posted in: Blog 0

Blog meant for 26 May 2015 Tuesday Dear friends, Nifty fell by 89 points today mainly due to the bad quarterly results of some big companies such as ITC and SBI. The pessimistic view is because the markets are expecting that other companies will also declare unsatisfactory results. However, the Nifty is still in Hold [...]