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Thursday, April 21, 2005

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TECHNICAL ANALYSIS


Volatile movement
WEDNESDAY'S market action resulted in initiating the uptrend in a few tradable counters. However, the sentiment reading of the tradable counters remains bearish. Bull move on Thursday is likely to reduce the bear count by a considerable margin ... More

STOCK MARKETS


Supreme Petro at 52-week high
THE counter of polystyrene maker Supreme Petro on Wednesday recorded its 52-week high to close at Rs 36.80, with a gain of about 17 per cent and traded quantity of 39 lakh shares on major bourses. According to analysts and brokers, the ... More

Bhartiya International up on order talk
SHARES of leather apparel maker Bhartiya International shot up on Wednesday after a long time. Dealers said the interest was on account of an export order bagged by the company from some big retail chains. Bhartiya International is a leading ... More

DERIVATIVES MARKETS


Outlook positive for Infy, Wipro, TCS
THE following strategies are based on Wednesday's trading in the derivatives segment on the NSE: Infosys: The April futures contract closed at 1958. Buy April futures after it trades above 1960. The upside target range is 1995-2030. ... More

COMMENTARY


Sensex recovers lost ground
ON Wednesday, the markets bounced back after witnessing steep fall in the past two days on the back of disappointing results from the software majors. The rally in the Asian and US markets coupled with renewed buying in the frontline stocks of ... More
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