Bear romp may push Sensex to 9000 - 5 years ago
With corporate results coming up, stage may soon be set for the next major move.
Worst may be over for the markets - 5 years ago
The turn of events over the past few days was dramatic to say the least. A few top-rung investment banks went bust
Trends southward in the near term - 5 years ago
The trend remained bearish as anticipated last week. The index once again edged past the trigger level of 15106 and failed to sustain above it
Ready the shorts as Sensex rides down - 5 years ago
The price action was in line with expectations and the uptrend reversed direction just above the 14750-14850 mentioned last week.
No saying Fridays rally will sustain - 5 years ago
After remaining under pressure for the best part of the week, the index staged a sharp recovery on Friday.
Signs of some short-term strength - 5 years ago
The market action was in line with expectations and a bearish trend prevailed last week.
Ranged action may have downward bias - 5 years ago
The possibility of a rally to 15500-15700 is still intact and remains the favoured view. The rally to this target zone may get protracted owing to the extension of the corrective process.
Short-term outlook remains bullish - 5 years ago
The market action was bullish and the index moved pretty close to the target zone of 15500-15700 mentioned last week.
Sensex seen cruising towards 15700 - 5 years ago
Price action was in line with expectations and the trend turned bullish after a brief corrective phase. The index dropped to the support zone of 13600-13700
Sensex could head for 15500-15700 - 5 years ago
A series of positive developments imparted a sharp upward spike in key market indices last week. In the process, the crucial positive trigger level of 14650 was taken out.