Friday, July 23, 2010

Market View for Fri / Next Week

Presentation Transcript
Friends, :Friends, PLEASE SWITCH ON YOUR SPEAKERS ValueTrade Academy Pvt Ltd Creating Educated Investors


Quick Market Overview For FRI 23rd July 2010 :Quick Market Overview For FRI 23rd July 2010 By CA Rajiv D Khatlawala MD, ValueTrade Academy Pvt Ltd. www.investogyan.com


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Key highlights of today’s Trades :Key highlights of today’s Trades Nifty opened strong after overnight gains in US markets. However upmoves saw selling pressure and it has closed almost flat, ahead of a weekend Telecom stocks saw good buying today , but I was observing that there are more scrip-specific movements European markets are sharply higher today gaining more than 2%.


NIFTY The Technical picture :NIFTY The Technical picture


In Conclusion :In Conclusion My intraday participants surely could trade the downside since morning Nifty’s close on weekly basis is positive and the weekly charts too are suggesting a further upmove in weeks to come. Among the sectors, watch the Metals space where activity should gain momentum, as international Metals are also finding buying interest.


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