Monday 15 December 2014

EQUITY WEEKLY MARKET ANALYSIS




NEWS INSIGHT

  • Profit booking continues, Sensex falls 251 pts; oil weighs
  • Xiaomi to comply with Delhi HC order barring sales
  • WB Transport minister Madan Mitra quizzed by CBI
  • Rata Tata launches XPrize india contest
  • Coal scam: Koda, 7 others charge-sheeted by CBI
  • Max Sound files case against Google, YouTube
  • IEA cuts 2015 demand growth forecasts, warns on social unrest
  • FY15 sales guidance revised to 12-14% Vs 25%: TTK Prestige

NIFTY ANALYSIS

  • Positional Support for NIFTY 8080
  • Positional Resistance of NIFTY is 8346
  • Immediate resistance for NIFTY is 8272
  • Intraday Support of NIFTY is 8194
  • Oscillator Analysis The oscillator is showing SELL signal
  • A strong marubozu has formed and closing is below the Nifty has taken closing below 55 days moving average.
  • Sell on rise is advised

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