SMI Market View Today

Posted By : Kishore B.S

Friends, The markets remained highly volatile on Friday indicating that the direction is not clear and the support zone of 5200-5228 is likely to held for some more time. However on the higher side the indices failed to cross the resistance zone of 5294-5308. The charts are indicating that the volatility is likely to continue and high due to the impending Expiry on Thursday. It is

SMI Indian Stock Markets Today

Posted By : Kishore B.S

Friends, The markets surprised everyone by giving an upside. Everyone was expecting the markets to touch 5200 atleast once. But this sort of rally might be a trap for the retail investors. The operators might have took the market to 5364 so that people start buying and all those who have shorts cover their shorts. Markets are very tricky. So, right now i wont recommend any

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

Stock Market Institute (SMI) Precious Metals outlook

Posted By : Kishore B.S

Precious Metals Outlook: Stock Market Institute - Silver Outlook GOLD: Gold has been range bound between the price range of 27800-28600 from last fortnight. The technical parameters suggest that the commodity has been consolidating in this price narrow price range and a upmove to 29000 cannot be ruled out soon, Unless the support price level of 27800 is broken.                                                                              Stock Market Institute - Silver Outlook