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Wednesday, August 20, 2008

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Aug 14 2008 9:20AM
Morning Notes - Reliance Money Research Team

MARKET VIEW:

Indices continued its cautious stand ahead of inflation numbers tomorrow. However negative global cues, low volumes and negative market breadth did remain in favor of BEARS. In yesterday''s trade we saw NIFTY taking support around levels of 4490 only to close above 4525 levels. As for the day, NIFTY once again continue to have good support around 4490 levels while any sustainable move below that levels may see fresh wave of sell-off taking this index lower towards 4450 while levels of 4600 continues to act as strong hurdle.

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Aug 20 2008 9:18AM
Morning Notes - Reliance Money Research Team
Surprisingly volumes in cash segment slipped further as traders and investors remained away

Aug 19 2008 9:17AM
Morning Notes - Reliance Money Research Team
It was ranged session yesterday with negative opening in early trades

Aug 18 2008 9:15AM
Weekly Technicals - Reliance Money Research Team
Indices reversed previous five week''s UPMOVE with NIFTY loosing more than 2% during the week

Aug 18 2008 9:09AM
Morning Notes - Reliance Money Research Team
During most part of the week we saw key indices remaining ranged around mentioned levels of 4525.

Aug 13 2008 9:15AM
Morning Notes - Reliance Money Research Team
It is highly probable that indices may retrace back to levels of 4389

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