Nifty Future failed to cross 5570 on closing basis. Which is a bearish sign. Let us hope for the best on Monday

NIFTY CHART

http://www.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=maximized&chdeh=0&chdet=1247047731890&chddm=1680&q=NSE:.NSEI&ntsp=0

News Headlines

Asian News http://www.bloomberg.com/apps/news?pid=20601087&sid=a87WZmgXtmBY&refer=home

Technical Outlook for 27 JAN 2009

The market has next res in the range 2750 and close above that is posssible as markets are rising from oversold positions and global ques are ok.

This week events

January 27th 2009

RBI Governor Sri D. Subba Rao to address press at 3p.m. RBI leaves Repo,Reverse Repo, CRR rates unchanged at its policy meeting held in this morning

Technical outlook for current week ending 31 jan 09

Any short
term bounce back may last maximum up to 2740/50 levels. In case if it extends pull back to 2850/70 levels then it may be
an opportunity to sell short on a bearish reversals in the market.
Invest gradually below 2600 levels at each major support levels in index heavy weight stocks with a medium term view in mind.

NIFTY in Singapore Exchange

SGX Nifty http://stquote.sgx.com/live/dt/DTFuture.asp?INFE

DISCLAIMER

I do not solicit any buying and sellling of shares etc on the basis the postings, reports and Investment recommendations made here as they are for sharing information purposes only.Care has been taken in preparing the same, I claim no responsibility for its accuracy. Readers of this blog who buy or sell shares based on the information published here are solely responsible for their actions.

Advances and Declines

Advances and Declines on BSE http://www.bseindia.com/mktlive/adv_dec/groupwise.asp

Supports and Resistances

http://wealthmonk.com/stocks_pivot/?s=BHEL

Market top out at 3150on Jan 6 be careful in long positions .

Market tops at around nifty 3150 spot on intraday basis on Jan 6 . Be careful in long postions as inablility to cross 3150 today had indicated a possiblility of market breaking to 3050-2950. Below 2950 we may move out of long positions as it may fall to 2750. Below 2750 it may fall to 2500.

Business headlines

http://www.business-standard.com/india/

BSE Bhav Copy

http://www.bseindia.com/mktlive/bhavcopy.asp

NSE Bhav Copy

NSE Bhav copy http://www.nseindia.com/content/equities/PR.zip

BSE Index Watch

BSE Index Watch http://www.bseindia.com/mktlive/mktwatch.asp

Indian ADR's ,Nasdaq and Dow spot market

Indian ADR's ,Nasdaq and Dow spot market http://quotes.nasdaq.com/quote.dll?mode=stock&page=quick&symbol=infy&symbol=say&symbol=wit&symbol=mte&symbol=ttm&symbol=rdy&symbol=vsl&symbol=hdb&symbol=ibn&symbol=&symbol=&selected=infy

Global cues

Asian markets http://in.finance.yahoo.com/intlindices

Europe markets http://in.finance.yahoo.com/intlindices?e=europe

Dow and Nasdaq futures

Dow and Nasdaq futures http://money.cnn.com/data/markets/index.html

FII DERIVATIVE ACTIVITY

FII DERIVATIVE ACTIVITYhttp://www.nseindia.com/content/fo/fii_stats.xls

NIFTY INTRADAY CHART AND GAINERS/LOSERS

NIFTY Intraday chart, gainers/losers http://www.nseindia.com/marketinfo/indices/indexwatch_nifty.jsp

FII and DFI activity

FII and DFI activityhttp://nseindia.com/content/equities/eq_fii_nsebse.htm

CURRENT GAINERS AND LOSERS

GAINERS AND LOSERS http://www.nseindia.com/content/equities/TopGainers.htm