Skip to main content

Weekly Market Outlook


Weekly Market Outlook

Exepected Market Bull Trend Continue Nifty Next Target 8700

NIFTY (8514) :- For next week nifty has strong support around 8460 level, break with volume will take it to 8410---8350 level. On the upper side it has strong hurdle at 8565 level,cross over with volume will take it to 8650---8710 levels.

Sensex (28067):-For Next Week Sensex Has Strong Support Around 28300 Level,Break With Volume Will Take It To 28250---8500 level. On The Upper Side It Has Strong Hurdle At 28600 level,cross over with Volume Will Take It To 28600 To 29000
 
Dalal Street witnesses jubilation on rate cut hopes; Sensex regains 28,000 mark
Boisterous benchmarks showcased an enthusiastic performance, by rallying around two percentage points and breaking lots of psychological levels in their northward journey on Friday after Wholesale Price Index (WPI) inflation fell for July, raising hopes of a rate cut by the Reserve Bank of India (RBI). Sentiments remained up-beat since start as key bourses made gap up opening and there appeared not even an iota of profit booking in the session as the benchmarks managed to fervently gain from strength to strength, as investors continued their hunt for fundamentally strong stocks. Frontline indices not only extended their rally for second straight session but also regained their crucial 8,500 (Nifty) and 28,000 (Sensex) bastions as investors took to hefty across the board buying. Sentiments got bolstered after China’s central bank today raised the value of yuan against the US dollar by 0.05%, putting a stop to the 3-day fall in the currencY

Automobile manufacturers report healthy July sales
A decline in interest rates, fuel costs, low base and pick-up in consumer sentiment helped the Indian automobile manufacturers report healthy sales figures for the last month on Saturday.

Popular posts from this blog

Dalal Street Tower Talk

Dalal Street Tower Talk   Singer India (Rs 182)--Singer Is a MNC Company in Which Promoter Holding Is 75 % Its Likely To Achieve EPS of Rs 6 Along With 15 % Dividend For The Fourth Quarter ended june 2015.Their Is also Likelihood of a Strategic Corporate Anouncement   Amines And Plastic:-Some Movement Can Expected In The Stock In The Coming Days (Bonus Buzz)  
1 comment
Read more

KLRF Ltd: Hidden gem

KLRF Ltd: Hidden gem (BSE Code: 507598) (CMP: Rs.58.50) (FV: Rs.10) Kovilpatti Lakshmi Roller Flour Mills Ltd (KLRF) with its brand named ‘Kuthuvilakku’ came into existence in 1964 with the establishment of 46,800 MT of wheat flour mill at Gangaikondan in Tamil Nadu. The Company operates in five business segments: Flour Mill Division: The flagship division of the Company has an installed capacity of 74,000 TPA but operates at 70% capacity utilization with 30% spare capacity. From a traditional stone mill, it has transformed itself into a well-known manufacture of branded whole meal Atta that has more fibre, minerals and vitamins and is rich in aroma. The Company’s product portfolio comprises the entire range of wheat flour products that meet the demand of bakeries, paratha makers, hoteliers, sweet shops & confectioneries and domestic end-users. KLRF is a pioneer in tapping the high margin retail segment by launching 1/2 kg and 1 kg packs of Atta that are well-accepted by cons...
Post a Comment
Read more

Stock Trading Ideas

J M FINANCIAL (52.40) Technically stock is looking explosive. One can watch this stock on every dips keeping stop loss of 49. On the upper side stock will zoom up to 56 level, cross over will take it to 59---65 levels in coming days… KARUR VYSHYA BANK (497.5) Stock is looking hot on chart & ready for more upside. One can watch this stock keeping stop loss of 486. On the upper side stock will zoom up to 503 level, cross over will take it to 517----525 levels in coming days… GRUH FINANCE (254.1) Something is cooking in this stock. Watch this stock keeping stop loss of 249. On the upper side, stock will zoom up to 265 level, cross over will take it to 272 levels in coming days…
1 comment
Read more