Monday, November 9, 2009

Mkt look positive on opening bell

Nifty Outlook

Nifty have resistance near 4850 levels and support near 4750 level.
Nifty take a support near 4700, 4750 level its positive for nifty. If break this level then you can see more panic in mkt. Nifty also below 15 days moving average 4890 its negative for mkt.


FII’s - FII’s inflow in November 2009 total Rs715 crore in Equity & Rs 1030 in Debt mkt(till 7 November 2009). FII inflow in the calendar year 2009 was of Rs 68410 crore in Equity & 7162 in Debt mkt (till 7 November 2009).

MF’s – Mutual Funds in November 2009 total Rs. 389 Crore buy in Equity & Rs. 2626 Crore buy in Debt mkt(till November 2009)

GDL sl 128 tgt 135
Alembic SL 45 tgt 50, 53
GHCL SL 40 tgt 45, 47

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