SMI Indian Stock Markets Today

Posted By : Kishore B.S

Friends,The market was in tight range today. Neither the bulls nor the bears could take control. The European markets are deep in red because of the talks between Italy government and the labor union. In the past there has been a lot of talks in the European Union and at the end the outcome has been positive. So, I expect the same case here also. At

SMI Indian Stock Markets Today

Posted By : Kishore B.S

Friends, The markets corrected today reacting to the budget. Nifty opened at 5337 and within few seconds was in negative and could not recover the whole day. Going by the budget, nothing substantial was expected from the budget. So, the disappointing budget was not a surprise. Now this is already discounted in the market. The markets should correct till 5217 to cover the gap it created

SMI: Budget Effect-Which Stock will move Market?

Posted By : Kishore B.S

Friends,   Have look at expected movers (companies) in Stock Markets due to Budget 2012. MARKET EDGE Union Budget 2012: Which stocks will move market? 16 Mar 2012, 07:20 AM The countdown has begun for the most awaited event of the year in India. All eyes are today on the Union Budget 2012 to be presented by Pranab Mukherjee for the seventh time. Though no bid

SMI Indian Stock Markets Today

Posted By : Kishore B.S

Hi friends   The markets opened flat and instantaneously there was a 30 point cut. The market never recovered and slipped 90 points down to close at 5380. The stance by RBI to keep the rates unchanged was the primary reason of this downfall. The banking stocks rallied on Wednesday expecting a rate cut from RBI but the high inflation numbers and rising crude price forced

SMI Indian Stock Markets Today

Posted By : Kishore B.S

Friends   Again Nifty had a gap up opening today. A part of that gap was covered during the day but still gaps remain. These gaps need to be covered in future. Nifty was trading in a very small range of 5440 - 5470 for the whole day.   The bank nifty was up 203 points in the anticipation of RBI decreasing repo rates tomorrow. This

SMI Indian Stock Markets Today

Posted By : Kishore B.S

Friends, Today there was again a gap up opening in the stock market. Nifty opened around 5420 levels and stayed for most of the around there. It was a very quite trading session with nifty trading in a 20 point range for the whole day. A few big positive news have come for the market. The first being the CRR cut of 75 basis points and

Stock Market Institute(SMI) Precious Metal outlook for short term

Posted By : Kishore B.S

Precious Metals Outlook: GOLD: Gold Technical Chart Gold has been continuing to be range bound for the last 10 sessions moving in a very narrow range of 27700 to 28200 and thereby consolidating for the next move. Given the global scenario there has been equal number of positive and negative news emanating with recovery of US to deteriorating conditions in China. And since both have huge

Stock Market Institute (SMI) Weekly New Letter

Posted By : Kishore B.S

Friends, Greetings!!               Weather is getting hotter in Bangalore and election results are out. Uttar Pradesh whose population is more than Brazil, voted for the Samajwadi Party led by Mulayam Singh Yadav which is a setback for Congress, this might lead for reforms taking a back seat and the entry of Multi Brand Retail in cold storage.  The UPA Government at the center is not as

Stock Market Institute (SMI)- Precious Metals Outlook

Posted By : Kishore B.S

SMI Precious Metals outlook: GOLD:   Gold Technical Chart Gold has been range bound for the last 4 trading sessions between 27700 – 28150 and the technical charts indicate that the range bound movement is likely to continue further too with some more gains to 28400 -28600 levels on the higher side. On the lower side if the support level of 27700 is broken further weakness

Stock Market Institute (SMI) Weekly News Letter

Posted By : Kishore B.S

Hi Friends,   Weather is getting hot in Bangalore with very high temperature but the Markets are mixed. The slow down in the Gross Domestic Product i.e. the barometer for growth in the Econmmy has led to a very little rise in the Markets were it was almost flat. ONGC a Public Sector Oil Company is auctioning the shares today at a base price of Rs.290/-.