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  • 31-Aug-2013 | Rex Cano

    Markets may bounce back

    The markets have recovered smartly, after slipping below the 200-daily moving average in the last two weeks. Now, the Sensex may attempt a pull-back to near-term moving averages.Among the Sensex 30 stocks, new entrant Sesa Goa soared 22 per cent to ...

  • 24-Aug-2013 | Rex Cano

    Sensex resistance seen at 18,900

    To sum up, the bias for the Sensex is likely to remain bearish as long as the index sustains below 18,900-odd levels. On the downside, the index could slide to 17,300-odd levels

  • 17-Aug-2013 | Rex Cano

    More downside likely

    The monthly charts indicate that the Nifty may fall below 5,400-odd levels in the near term, and may slide all the way to near about 5,100-odd levels in the short-to-medium term

  • 10-Aug-2013 | Rex Cano

    Bias to remain negative below 19,080

    For the third consecutive week, the markets ended in the red, owing to heavy selling and fresh weakness in the rupee against the dollar. The Sensex touched a low of 18,551, ending at 18,789, a loss of two per cent. In the last three weeks, the index ...

  • 04-Aug-2013 | Rex Cano

    More pain likely

    The Sensex ended in the red on all trading days

  • 27-Jul-2013 | Rex Cano

    Friday's low crucial for Sensex

    The markets retraced sharply, after facing resistance around the higher end of the Bollinger Band on the weekly charts. The Sensex touched a high of 20,351 but soon reversed direction and tumbled to a low of 19,700. The index finally ended the week ...

  • 20-Jul-2013 | Rex Cano

    Pivot level for Sensex is 19,925

    Among Sensex stocks, FMCG heavyweight Hindustan Unilever was the major gainer

  • 13-Jul-2013 | Rex Cano

    Markets may extend gains

    The markets spent the better half of the week in confused territory, as neither bulls nor bears held the advantage. However, the markets gathered strength towards the end of the week as the benchmark indices broke out of the trading range.The ...

  • 06-Jul-2013 | Rex Cano

    Crucial trading week ahead

    The index has near resistance at 19,700, above which the index can spurt to 19,925

  • 29-Jun-2013 | Rex Cano

    Nifty likely to face resistance above 5,925

    The markets reversed their three-week losing streak, thanks to an extra-ordinary rally in the last two trading days of the week. A rally on account of short-covering owing to derivatives expiry on Thursday, followed by a stronger surge on Friday ...

  • 22-Jun-2013 | Rex Cano

    Down move likely to continue

    The markets logged significant losses for the third consecutive week. This resulted from weakness in global markets, after the US Federal Reserve hinted it was likely to taper its $85-billion bond buyback programme.The Sensex registered a high of ...

  • 15-Jun-2013 | Rex Cano

    Pull-back may be short-lived

    The markets ended lower for the second consecutive week, amid concern over the pace of economic growth and a drastic fall in the rupee. However, the Sensex recovered some of the losses on Friday, owing to hopes of a rate cut by the Reserve Bank of ...

  • 08-Jun-2013 | Rex Cano

    More weakness below 5,870

    The markets drifted lower through the week, owing to weakness in the rupee. The BSE benchmark Sensex slipped to a low of 19,395, before ending the week at 19,429, a loss of 331 points.Among the Sensex 30 stocks, HDFC was the major loser, falling ...

  • 01-Jun-2013 | Rex Cano

    Nifty has near support at 5,950

    A sharp fall on Friday reversed the positives early in the week. The Sensex, which gained 550 points during the week, eventually ended the week at 19,760, a marginal 55-point gain

  • 25-May-2013 | Rex Cano

    Short-term trend turns negative

    However, as the week progressed, it began to slide, amid profit-taking and negative cues from select foreign markets

  • 18-May-2013 | Rex Cano

    Nifty to remain bullish above 6,150

    The markets began the week on a dismal note, falling about two per cent on Monday. However, they recovered and rallied to end the week on a high. From a low of 19,653 early in the week, the Sensex scaled a fresh two-and-a-half-year high of 20,328, ...

  • 11-May-2013 | Rex Cano

    Markets in overbought zone

    Next week, the Sensex is likely to move in the range of 19,750 and 20,490, with support expected at 19,895-19,825 and resistance at 20,350-20,420

  • 04-May-2013 | Rex Cano

    Fresh strength above 6,020

    The Sensex touched a high of 19,792, and finally ended with a gain of 1.5% (289 points) at 19,576

  • 20-Apr-2013 | Rex Cano

    Further strength only above 5,800

    Among the Sensex 30 stocks, State Bank of India soared about 10 per cent to Rs 2,294

  • 13-Apr-2013 | Rex Cano

    Down move may continue

    This week, the markets saw extreme choppiness, owing to renewed interest in buying banking shares, even as other sectors underperformed. The Sensex recovered sharply from the week's low of 18,173, rallying to a high of 18,599, only to tumble again. ...

  • 06-Apr-2013 | Rex Cano

    Sensex seems headed towards 17,800 level

    Bharti Airtel and HDFC fell about seven per cent each to Rs 271 and Rs 771, respectively

  • 30-Mar-2013 | Rex Cano

    Pull-back likely to be short-lived

    The markets exhibited a fair deal of volatility in the holiday-shortened week, owing to foreign cues and the March derivatives expiry factor. The markets were open for trading on just three days. The Sensex, after surging to a high of 18,950, ...

  • 23-Mar-2013 | Rex Cano

    Nifty likely to break 200-DMA

    Next week, the markets may continue to remain choppy, owing to two trading holidays, the March derivatives expiry and global news

  • 16-Mar-2013 | Rex Cano

    Upside seems capped

    Alleged reports of money laundering by some of the biggest private sector banks dampened the market sentimen

  • 09-Mar-2013 | Rex Cano

    Markets may turn choppy

    Last week, the markets recorded their biggest weekly gain this year, backed by aggressive buying in information technology and private banking heavyweights.