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Bear romp may push Sensex to 9000
- 4 years ago
With corporate results coming up, stage may soon be set for the next major move.
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Worst may be over for the markets
- 4 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
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Trends southward in the near term
- 4 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
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Ready the shorts as Sensex rides down
- 4 years ago
The price action was in line with expectations and the uptrend reversed direction just above the 14750-14850 mentioned last week.
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No saying Fridays rally will sustain
- 4 years ago
After remaining under pressure for the best part of the week, the index staged a sharp recovery on Friday.
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Signs of some short-term strength
- 4 years ago
The market action was in line with expectations and a bearish trend prevailed last week.
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Ranged action may have downward bias
- 4 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.
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Short-term outlook remains bullish
- 4 years ago
The market action was bullish and the index moved pretty close to the target zone of 15500-15700 mentioned last week.
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Sensex seen cruising towards 15700
- 4 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
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Sensex could head for 15500-15700
- 4 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.